The city has awarded loans totaling $95,000 to two small businesses to help them renovate or expand. The loans have been awarded by Louisville Forward Economic Development’s Metropolitan Business Development Corporation (METCO) and the Department of Community Services’ Microbusiness Development Program.
METCO loans have been awarded to the following business:
A microbusiness loan has been awarded to the following business:
The Metropolitan Business Development Corporation (METCO) governs metro government’s small business loans, which include facade, accessibility and gap financing loans. Because metro government is not the primary lender, the loan program allows many public-private partnerships between government and private business ventures that further the vitality and quality of life in the Louisville community.
To learn more about the METCO loan program, visit https://louisvilleky.gov/government/louisville-forward/local-loan-programs