Small businesses in New Albany, Indiana, impacted by unprecedented dual effects of the road and bridge improvement projects, will soon be able to apply for no-interest loans through the New Albany Central Business District Loan Program, according to a news release. This loan fund may be used to help cover overhead and operational costs such as payroll, rent and utilities to assist these businesses in maintaining operations throughout these lengthy but necessary projects, the release said. The NACBDLP is a program of the ONE Fund, administered by One Southern Indiana and is intended to keep the affected small businesses viable so they can benefit from the public road and bridge investments. Eligible businesses must operate out of a brick-and-mortar location within the Central Business District of the City of New Albany as an in-person retail, restaurant or bar or personal services establishment. They must be able to show a current lease agreement, building loan agreement or building ownership. They must have 50 or fewer full-time employees, have been in business at least two years (or show monthly profit and loss statements and business growth), and have no federal or state liens nor any outstanding judgments. Loan applications will be […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
