Block repays $100K in loans to his campaign

Category: Personal Loans Published: Friday, 10 October 2014 Written by Admin

PROVIDENCE, RI (AP) -- Ken Block has repaid $100,000 in personal loans he made to his unsuccessful campaign for the GOP nomination for Rhode Island governor.

The repayment was reported in new campaign finance filings made with the Board of Elections. Block, who runs two small businesses, loaned his campaign a total of $720,000 ahead of the September primary.

Block lost the nomination to Cranston Mayor Allan Fung, who got 55 percent of the vote. His campaign listed an outstanding liability of about $1 million in the new filing.

Block also ran unsuccessfully for governor in 2010 under the banner of the Moderate Party, which he founded.

The Republican has said he will remain active ahead of the Nov. 4 election pushing for support for a ballot question on a constitutional convention.

Hits: 1002