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FORGIVABLE LOAN: Des Moines Company Moving To Clive

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A Des Moines headquartered business is set to leave the city but it isn’t going far.

Jacobson Companies, which is currently located on Dixon St., is planning to move to a new space in Clive.

The Iowa Economic Development Authority approved a $250,000 forgivable loan to help the logistics company move, Friday.

The company says the move will retain all 220 jobs currently in Des Moines and will create ten new jobs.