The City of Atchison’s E-Community Program is pleased to announce a new loan to Cornerstone Print Company located at 1403 Main Street. Cornerstone Print Company, owned by Sadie Stone, offers custom screenprinting, embroidery, signs, banners, promotional materials, & design services. The $12,000 in E-Community Loan proceeds will be coupled with financing from Exchange Bank and Trust to fund the startup of the new business.
Since January of 2017, the Atchison E-Community Program has been offering gap financing loans for small business startups, expansions, and acquisitions. Everyday businesses like hair salons, coffee shops, and auto mechanics can use this locally controlled, revolving loan fund as gap financing to make their small business dreams come true.
Cornerstone Print Company is the 31st E-community loan processed by the City of Atchison. Those 31 loans total nearly $1.5 million in gap financing that has supported small business development in the Atchison community.
The funding for the E-Community Program is created through the sale of entrepreneurship tax credits, which are allocated to NetWork Kansas by the Kansas State Legislature. To learn more about the E-Community Program, contact Justin Pregont at justinp@cityofatchison.com.
Photo: Bobby and Sadie Stone with their two daughters.
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Source: https://cityofatchison.com/news/cornerstone-print-company-receives-e-community-funding/