This post was originally published on Grow Atchison
The City of Atchison’s E-Community Program is pleased to announce a new loan to the Bunker at Bellevue, a startup golf simulator and bar business owned by Andrew Lewman, Nick Caudle, and Andy Campbell. The $45,000 in E-Community Loan proceeds will be coupled with financing from Exchange Bank and Trust to fund the startup of the new business, which is located in the basement/ground level of the clubhouse at Bellevue Country Club.
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.
The Bunker at Bellevue is the 32nd E-community loan processed by the City of Atchison. Those 32 loans total over $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.
Original source can be found here
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