Practice Velocity Moving into Machesney Park Mall, Gets $250,000 Forgivable Loan

MACHESNEY PARK (WIFR) -- Funding has been approved for a new business wanting to move into the old Machesney Park Mall.

Village leaders have agreed to give Practice Velocity a $250,000 forgivable loan. But there are some stipulations. The company must use the money to rebuild the road around the mall, including a bike path. And hire at least 17 new employees. The company has said in the past the move would create more than 75 new jobs. Construction is expected to start in April.

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