Loan of $1.5M to N Carolina civil rights museum is forgiven
GREENSBORO, N.C. (AP) — A civil rights museum in North Carolina won’t have to repay a $1.5 million because it raised enough money to have the loan forgiven.
The News & Record of Greensboro reports the city of Greensboro announced Thursday that it has forgiven the loan to the International Civil Rights Center & Museum. The city had agreed to forgive one dollar of the loan for every dollar the museum raised.
Museum co-founder Skip Alston says he received an email saying the museum raised enough money to have the loan cleared.
The museum honors the sit-in movement that began Feb. 1, 1960, when four black freshmen at North Carolina A&T State University refused to leave the whites-only lunch counter at the Woolworth store. The museum opened in 2010.
Information from: News & Record, http://www.news-record.com