Economic Development Newsroom
Downtown, Portland Businesses Awarded Loans
Friday September 28, 2007
Four local businesses, including a downtown florist and a Portland contracting company, have been awarded city loans to help expand their companies.
The low-interest loans, totaling $203,000, were approved Thursday by the Metropolitan Business Development Corporation, an agency of Louisville Metro Government.
“These businesses are investing in our city — improving property and bringing jobs and services to neighborhoods,” Mayor Jerry Abramson said. “They are adding to the vibrancy of our city.”
Businesses receiving loans are:
- Wildflowers Florist, opening at 651 S. Fourth Street, in the Kentucky Theatre Building. Owner Greg Dye will use a $50,000 low-interest loan to open the store, which sells flowers and gifts. Dye also operates Wildflowers at 2406 S. Preston Street.
- Alpha Superior Contracting, which plans to renovate a building at 537 N. 26th St., in Portland, into its headquarters. A $33,000 loan will allow owner Noel Sena to repair and replace box gutters, windows and cornices.
- A Taste of Kentucky, which plans to open a downtown store at 400 W. Market St., in the Aegon Building. Owners John and Sharon Hassmann have owned A Taste of Kentucky since 1989. They will receive a $70,000 low-interest loan to open the store, which sells art, books, foods and Kentucky-made crafts and gifts.
- Noble Roman’s Pizza and Subs, opening at 4100 Preston Highway, near Audubon Park. Gene Harrington is starting the restaurant and will receive a $50,000 low-interest loan.