The city of Muncie loanded $125,000 to a Mexican restaurant two years ago, and now it wants the money back. One of the obstacles is that the place has since gone out of business. The Muncie Industrial Revolving Loan Fund board approved the money for Puerta al Paraiso that was part of the new Village Promenade development along University Avenue in the Village near Ball State University. While speculation was that the place would be a huge hit, the restaurant closed last year.
