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Business Loans Help Companies Expand
Louisville, Ky -- A motorcycle store and a clothing store are moving into downtown Louisville, thanks in part to business loans awarded this month by Louisville Metro Government.
Commonwealth Motorcycles, located at 361 Baxter Ave., received a $100,000 loan to relocate to East Jefferson St., across the street from the $233 million Liberty Green redevelopment. GQ Unlimited, a high-fashion men’s clothing shop, is opening a store at 728 W. Broadway.
The two businesses are among six companies awarded loans this month from the Metropolitan Business Development Corporation.
“Small businesses make our community vibrant – and metro government is pleased to help these companies grow,” Mayor Jerry Abramson said. “Small businesses have a ripple effect throughout our economy.”
The projects approved for loans are:
- GQ Unlimited
- Commonwealth Motorcycles
- Positively Fourth Street
- Parker Properties LLC
- Trend Companies of Kentucky
- Bargains Unlimited
Metro government provides a variety of programs to held business, including façade improvement loans, forgivable loans for retail stores. For more information, visit louisvilleky.gov/mda or call MetroCall at 311.
For the rest of this article proceed to www.LouisvilleKy.gov.
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