Economic Growth and Innovation Newsroom
METCO Approves Loans to Two Small Businesses
Friday August 26, 2011
A total of $60,000 in loans was approved by the Louisville Metropolitan Business Development Corporation.
· $30,000 loan to Irene’s Salon Inc., located at 1386 Bardstown Road. The loan will allow Kira Gregorchik, who is purchasing Irene’s Salon, to buy the equipment that goes with the shop and to purchase hair products for wholesale and retail sales.
· $30,000 forgivable loan to Comfy Cow, located at 2223 and 2227 Frankfort Avenue. The loan is an economic inducement that will allow owners Roy and Tim Koons-McGee to purchase necessary equipment for their new location.
For more information about the city’s small-business loan program, visit http://www.louisvilleky.gov/economicdevelopment/METCO.htm.