Economic Development Newsroom
METCO Approves Small Business Loans
Friday May 29, 2009
Three Louisville businesses, including a new restaurant in St. Matthews and a dry cleaners in Park DuValle, were awarded small-business loans this month from Louisville Metro Government.
The loans, totaling $255,000, were awarded by the Metropolitan Business Development Corp.
“Small businesses are the backbone of our city economy,” Mayor Jerry Abramson said. “The loans will help create new jobs.”
The loans were to:
- Chez Louis, $50,000, a new French restaurant at 310 Wallace Avenue. Owner Louis Retailleau, a native of France, most recently operated a restaurant in Chicago.
- Wild Strawberry Hair and Nail Studio, $25,000, for a full-service beauty salon at 104 Bauer Avenue, in St. Matthews. Owners Dena Wethington and Tabetha Allen say their salon will also offer sunless airbrush tanning.
- Barbour Brothers Cleaners, $50,000 forgivable loan, to relocate to 2930 William Weather Drive, in Park DuValle. The business was previously located at 3008 Wilson Avenue. It is operated by brothers Wayne and James Barbour.
For more information about the city’s small-business loan program, visit http://www.louisvilleky.gov/economicdevelopment/METCO.htm