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Cyanotech secures $5.5M loan to support growth program

Posted on 10:23 pm, Thursday, September 13, 2012. Tags: brent bailey, cyanotech, pacific rim bank

MEDIA RELEASE Cyanotech Corporation, a world leader in microalgae-based, high-value nutrition and health products, has completed a long-term loan agreement with Pacific Rim Bank in Honolulu providing for $5,500,000 in aggregate credit facilities. The loan proceeds will be used to finance capital improvements, which include new equipment to be used in the processing of its […]

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