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Old Posted Jul 25, 2010, 8:48 PM
robk1982 robk1982 is offline
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Join Date: Nov 2007
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Metro Community Development in Flint launches micro loan program for small businesses

http://www.mlive.com/business/mid-mi...opment_in.html

Quote:
Metro Community Development in Flint launches micro loan program for small businesses; Funding from Charles Stewart Mott Foundation aimed to help downtown Flint and Genesee County businesses grow

Melissa Burden | Flint Journal

FLINT, Michigan — A new micro loan program for small businesses will help renovate a downtown Flint building and has spruced up a restaurant to reopen after a fire.

Metro Community Development in Flint recently launched a micro loan program for small businesses, funded through $125,000 in seed money — with $100,000 available for loans — from the Charles Stewart Mott Foundation.

.......

One $15,000 loan went to Joel Rash of Flint, who said he’ll use the funds to renovate the building he owns at 625 S. Saginaw in downtown Flint, the former Home Pharmacy building.

“The storefront needs a new brick facade, the doors have to be upgraded to be ADA compliant and the interior needs some cosmetic improvement,” Rash said.

The other went to Churchill’s Food & Spirits, Crews said.

The downtown eatery and bar, 340 S. Saginaw St., reopened in June after a kitchen fire in late December.

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I believe 625 S. Saginaw is the building to the left of Flint City T-shirts in the picture I posted a few days ago.
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