Economic Growth and Innovation 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 http://www.louisvilleky.gov/economicdevelopment/METCO.htm.