Economic Development Newsroom
New Downtown QDoba and Valley Station Day Care Receive Small-Business Loans
Friday July 24, 2009
A new downtown Qdoba Mexican Grill and a day care in Valley Station have been awarded small business loans this month from Louisville Metro Government.
The loans, totaling $113,000, were awarded this week 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:
- Valley Child Care, $63,000, to open a day care across from Valley High School, at 10105 Dixie Highway. Owner Richard Morris has been in the day care business since 1991.
- Qdoba Mexican Grill, $50,000 forgivable loan, to open a franchise downtown, at 4th and Jefferson streets, in the Marion E. Taylor Building. Donald Doyle and Michael Grisanti, of ZT of Louisville, are owners. The loan will help vent plumbing and exhaust hoods to the top of the eight-story building.
- CFG Holdings, LLC, $30,000 facade loan, to cover the repair and reglazing of windows, replace damaged wall shingles and repair cracked stone window at 1465 S. 4th Street.
For more information about the city’s small-business loan program, visit http://www.louisvilleky.gov/economicdevelopment/METCO.htm