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Metro Newsroom

METCO Approves One Loan; Sets New Calendar

Thursday January 24, 2013

One loan in the amount of $75,000 was approved by the Louisville Metropolitan Business Development Corporation, leveraging $378,000 in total investment.

$75,000 in gap-financing loan to Stonybrook Childcare, Inc., located at 5206 St. Gabriel Lane. The loan will allow owner Richard Morris to purchase an established 23-year old daycare in the Fern Creek area. Morris will upgrade and grow the location, retaining six employees and create an additional 15 jobs.

METCO Board also approved a new calendar of meetings for 2013. Meeting times have changed to 8:30 a.m., and all meetings are on the fourth Thursday of the month, unless otherwise notated, at 444 S. 5th Street, 6th floor.

January 24, 2013

February 28, 2013

March 28, 2013

April 25, 2013

May 23, 2013

June 27, 2013

July 25, 2013

August 22, 2013

September 26, 2013

October 24, 2013

December 12, 2013

For more information about the city’s small-business loan program, visit