The City of Crawfordsville, Indiana

Small City... Big Possibilities

City's Small Buisness Loan Program Ends

CITY OF CRAWFORDSVILLE
CRAWFORDSVILLE, INDIANA 47933
PRESS RELEASE

Date: June 5, 2020
Released By: Mayor Barton
Subject: Small Business Loan Report

The City of Crawfordsville has closed out the small business loan program.  We were able to assist 42 small businesses in Crawfordsville with loans to help them navigate the loss of business during the COVID-19 pandemic. 

The total amount of assistance issued to these businesses was $250,200.  I have included a more detailed breakdown below. 

At the end of one year, the loans will be reviewed by the Board of Public Works and Safety to determine the status of repayment or forgiveness. 

Questions may be directed to Mayor Todd Barton, tbarton@crawfordsville-in.gov or 765-364-5160. 

 

City of Crawfordsville

Small Business Loans

FINAL REPORT

Applications Requested                                                      78

Applications Received 48

Not Funded                                                                   2

Approved For Funding                                            46

Business Opted Not To Accept After Approval        4

Number of Businesses Receiving Loans                  42

Maximum Loan Amount                               $7,500

Average Loan  per Business                          $5,957

Total Amount Loaned to Small Businesses                                    $250,200

 

 

Crawfordsville Businesses Receiving Loans

1832 Brew Espresso Bar                                                    311 W. Wabash Ave.

A Second City Café                                                          117 S. Washington St.

Affordable Auto Sales                                                           901 Lafayette Ave.

Affordable Auto Service                                                         905 Lafayette Ave.

Aki Lesvoy Takeria                                                                115 W. Market St.

Allen’s Country Kitchen & Catering                                        101 E. Main St.

Backstep Brewing Company                                                   125 N. Green St.

Beauty Mark                                                                         212 W. Market St.

Blondies Hair Salon                                                       1771 US 231 S., Suite 2

Cabbages & Kings Antique Mall                                             124 S. Washington St.

China Inn Restaurant                                                              121 S. Green St.

CRAS Development                                                         2304 Indianapolis Rd.

Craw Con                                                                        2304 Indianapolis Rd.

Crawfordsville CCB                                                   118 E. Main St. Suite 100

Creek Jewelers                                                                111 S. Washington St.

Dance By Deborah                                                                  131 E. Main St.

Discovery Preschool                                                             1809 Delaware St.

Francis and Mount                                                           131 N. Washington St.

Guardian Technology Group                                                  1100 E. Elmore St.

Heathcliff                                                                       101 N. Washington St.

In His Time Books & Gifts                                                113 S. Washington St.

Jarocho Mini Market                                                              128 N. Green St.

Little Mexico                                                                           211 E. Main St.

Mama Fazio’s Pizza                                                                127 W. Market St.

Maxine’s On Green                                                                 116 N. Green St.

Menard Flood Pro                                                                 1100 E. Elmore St.

Mi Corcel                                                                                210 E. Pike St.

Prime Body & Paint                                                                 216 N. Green St.

Reclaimed By Grace                                                               114 N. Grant Ave.

Rin Tin Inn                                                                         405 Waynetown Rd.

Rock Hard USA                                                                2209 Indianapolis Rd.

Simpler Times                                                                         1880 US 231 S.

Sugar Creek Eyecare                                                               109 E. Main St.

The Barefoot Burger                                                               127 S. Green St.

The Forum Restaurant                                                      1410 Darlington Ave.

The Kids’ Dentist                                                                     108 N. Oak St.

The Paper of Montgomery County                                         127 E. Main St.

Top Line Athletics                                                                   212 E. Main St.

Turn It Up Sound Productions                                                 405 Lincoln St.

Valentino’s Italian Cuisine                                                      211 N. Walnut St.

VIP Nails                                                                                  1874 US 231 S.

Walker Dentistry                                                                   390 W. Market St.