Treasurer Clint Zweifel Launches Revamped Loan Program at St. Louis Life Science Company

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Treasurer will visit LipoSpectrum on Thursday at 11 a.m.

October 7, 2009 – (RealEstateRama) — State Treasurer Clint Zweifel will be in St. Louis on Thursday, October 8 to launch the revamped Missouri Linked Deposit Program, a low-interest loan program he administers. Treasurer Zweifel will be at LipoSpectrum, a local life science company specializing in state-of-the-art lipid analysis using patented technology developed at Washington University. LipoSpectrum, located in the St. Louis Enterprise Center’s Midtown location uses the Missouri Linked Deposit Program. Borrowers using the loan program usually save about 30 percent on their interest costs.

Treasurer Zweifel will speak about the benefits of the Missouri Linked Deposit Program to small businesses throughout the St. Louis area and Missouri, and will detail the rebranding the program has undergone to appeal to more borrowers and lenders. The program, which has $720 million in lending power, was expanded as part of Invest in Missouri, economic development legislation Treasurer Zweifel developed and saw passed in the 2009 legislative session. Lindell Bank is the lender for LipoSpectrum.

Thursday, October 8, 11 a.m.

WHO:       Clint Zweifel, Missouri State Treasurer

WHAT:     Launch of the revamped Missouri Linked Deposit Program

WHEN:     Thursday, October 8, 11 a.m.

WHERE:  LipoSpectrum, LLC
3830 Washington Boulevard, Suite 207 (St. Louis Enterprise Center’s Midtown office)
St. Louis, MO 63108

Contact: Jon Galloway
(573) 751-7595 – Office
(573) 418-2923 – Cell

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Clint Zweifel was sworn in as Missouri's 45th State Treasurer on Jan. 12, 2009. At 35, Clint became Missouri's youngest State Treasurer in more than a century. He was elected to the position Nov. 4, 2008.

As Missouri State Treasurer, Clint is the State's Chief Financial Officer. His office manages Missouri's $20 billion in annual State revenues, directs the State's banking services and manages Missouri's $3.5 billion investment portfolio. The State Treasurer's Office is responsible for safeguarding $450 million in unclaimed assets turned over to the State by banks, businesses, insurance companies and government agencies, and tries to find the rightful owners. Clint also serves on the management boards of several public entities.

Contact:

State Treasurer Clint Zweifel
P.O. Box 210
Jefferson City, MO 65102

Phone: (573) 751-8533
Fax: (573) 751-0343

Jon Galloway
(573) 751-7595 - Office
(573) 418-2923 - Cell

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