Small Business Loan Committee Meeting August 19, 2026

The City of Winston-Salem Small Business Loan Committee convened on August 19, 2026, to review procurement-related matters including a loan application and a business plan competition. The committee discussed a $100,000 loan request from Percy Adams, owner of Uniquely Green Insulation, a previous loan recipient. The funds are intended to expand his workforce and scale operations, including adding vehicles and increasing jobs. After a closed session to review confidential financial details, the committee approved the loan with one abstention. Additionally, the committee voted unanimously to table the discussion and selection of winners for the 2026 business plan competition until the next meeting in September, allowing members more time to review the applications thoroughly. Hard copies of the applications will be provided to assist in the review process.