ST. PAUL, Minn. (AP) — A Republican state senator faced with more than $900,000 in debt has filed for bankruptcy.
Sen. Sean Nienow, of Cambridge, and his wife, Cynthia, filed for Chapter 7 bankruptcy last month, according to court records. The Nienows will sell off their nonessential assets, putting the money toward about $931,000 in debts.
Much of that debt comes from a small business loan from the federal government for a business that later failed. The Nienows signed for a $613,000 loan from the Small Business Administration in 2009 for the National Camp Association Inc., which aimed to help parents find camps for their children.
The SBA sued the couple in January, seeking about $750,000. Court documents indicated they hadn’t made a payment in many months.
Nienow did not return calls to his cell or home phones. In April, Nienow told the AP he hadn’t ruled out filing for…
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