Inventory auction recoups unpaid MIDC loan

This front-page article has been edited to address the following correction:  The last sentence of the third paragraph now reads: “The 2017 inventory loan granted by the MIDC to the Double S owner was called due for non-payment in December of 2022.”
The article had originally stated “owners,” suggesting more than one Double S owner. We apologize if the oversight caused any unintended confusion. 

The former NAPA Auto Parts store at 100 E. San Saba Ave. was cleared of inventory at auction on Saturday. Proceeds from the auction are estimated to recoup most of the MIDC's 2017 inventory loan to Double S Towing & Mechanic Services. TMN photo.
The former NAPA Auto Parts store at 100 E. San Saba Ave. was cleared of inventory at auction on Saturday. Proceeds from the auction are estimated to recoup most of the MIDC's 2017 inventory loan to Double S Towing & Mechanic Services. TMN photo.

The former NAPA Auto Supply store in downtown Menard was the site of a full inventory liquidation on Saturday.

Braden & Sons Auction Company was contracted by Menard Industrial Development Corporation (MIDC), to handle the specialty sell-off event of all retail items, furnishings, fixtures, and equipment.

The Double S Towing & Mechanic Services building—formerly Tanner Auto Supply— at 100 E.…