Louisville’s Metropolitan Business Development Corporation (METCO) announced yesterday that four local businesses would be receiving loans from Louisville Metro Government. The recipients include a new restaurant and brew pub, a self-serve yogurt bar, a book store that carries rare books and an expanded massage clinic that will create new jobs.
A total of $200,000 in loans was approved by the Louisville Metropolitan Business Development Corporation, with an overall potential investment of $1,020,000.
METCO is dedicated to the notion that small businesses are the backbone of our Louisville economy. And when they thrive and expand, they bring needed services and shops to neighborhoods across the city.
The Metropolitan Business Development Corporation (METCO) governs metro government's small business loans, which include facade, retail forgivable and gap financing loans. For more information about the city’s small-business loan program, visit http://www.louisvilleky.gov/economicdevelopment/METCO.htm.
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