Perrysburg solar firm misses payment on $5M loan

10/27/2012
BLADE STAFF
Solar-Panel-Maker-Loans-missed

ASSOCIATED PRESS

Willard & Kelsey Solar Group did not pay the Ohio Development Services Agency (formerly the Department of Development) the balance of a $5 million loan by Friday’s due date. As of the close of business, the agency had not received a payment from the troubled Perrysburg solar-panel manufacturer.

Agency spokesman Katie Sabatino released this statement: “If payment is not received by the deadline, no further extensions will be given and the matter will be referred to the Ohio attorney general’s office for collection.”

Mossie Murphy, Willard & Kelsey’s vice president of development, did not return a call seeking comment.