For renovations or expansions
LOUISVILLE, Ky. (Dec. 28, 2016) — The Louisville Forward Economic Development’s Metropolitan Business Development Corporation (METCO) and the Department of Community Services’ Microbusiness Development Program awarded nine loans totaling nearly $168,000 to small businesses to help with renovations or expansions.
METCO loans have been awarded to the following businesses:
- Two loans were approved for Pointe Havens, LLC for its property located at 1600 Story Avenue. The loans will allow the owner to improve the façade of the building and make interior improvements to prepare the space for future commercial usage — $53,824 façade loan and $40,000 KEOZ loan
- $34,286 energy efficiency loan was approved for Jackie Green and Cindy Baker for their property located at 2833 South 4th Street. The loan will allow the owners to place solar panels on the roof of the building. The addition of solar panels will help reduce energy consumption and lower the energy cost.
Microbusiness loans have been awarded to the following businesses:
- $15,000 loan to Trimen Solutions, LLC dba Trimen Career Placement Services located at 332 West Broadway, Suite 605. The loan will allow the owner, TraShaun Spencer, to expand services and assist with insurance, computer software and marketing.
- $5,000 loan to Mimi The Tax Lady, a start-up business offering full tax services, located at 1153 ½ South Second Street. The loan will allow the owner, Tamika Reed, to operate her business with purchase of equipment and computer software.
- $5,000 loan to Flex Bill, LLC, a start-up medical billing business privately owned by Roselena McGruder. The loan will help with the purchase of computer software, insurance and inventory for business operations.
- $5,000 loan to Pure Polish, a start-up residential and commercial green cleaning service. The loan will allow the owner, Andrea Moran, to purchase equipment and inventory.
$5,000 loan to Oasis T. Shirts, a start-up t-shirt and graphic design business. The loan will help the owner, Orlando Sisney, purchase supplies, inventory and equipment.
- $3,000 loan to An Angels Touch, a start-up business in janitorial services. The loan will allow the owner, Bryanna Thomas, to purchase equipment and supplies.
- $1,500 loan to The Glory Shoppe, which started in 2016 as an Etsy on-line shop for purchasing handcrafted home décor. This loan will allow the owner, JoAnn Jackson, to purchase supplies.