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Small Louisville businesses awarded $168,000 in loans

METCO, the Louisville Forward Economic Development’s Metropolitan Business Development Corporation, and the Department of Community Services’ Microbusiness Development Program have given small businesses in Louisville, Kentucky a total of nine loans amounting to around $168,000. This is to assist the businesses in renovating and expanding.

Among the businesses to have received the loans are:

• Pointe Havens, LLC received $93,824 to improve the building’s façade, as well as the interior of the building to prepare for future commercial usage
• Jackie Green and Cindy Baker received $34,286 to install solar panels on the roof of their property in order to save energy and lower the amount spent on electricity
• Trimen Solutions, LLC and Trimen Career Placement Services received $15,000 to help TraShaun Spencer, the owner, expand computer software, insurance, and marketing services
• Mimi The Tax Lady received $5,000 to help purchase computer software and equipment for the owner, Tamika Reed
• Flex Bill, LLC received $5,000 to purchase insurance, inventory, and computer software for the startup medical billing business
• Pure Polish received a $5,000 loan to purchase inventory and equipment to help the owner, Andrea Moran, with her green cleaning business
• Oasis T. Shirts received $5,000 which will go towards supplies, equipment, and inventory
• An Angels Touch received $3,000 to purchase supplies and equipment for the janitorial business
• The Glory Shoppe, an Etsy shop that sells handcrafted home décor, received $1,500 to purchase supplies

When businesses are awarded funds to support their growth, they often tie this in with a printed marketing campaign that may feature the likes of presentation folders and promotional brochures.