City and County Funds Support Local Business Loans
City and county revolving loan funds backed by state programs continue to aid firms like Threjay Marketing and Plymell Dairy, with interest rates ranging from 2.5 to 9 percent. Guarantors remain in place on several loans, while some debts were repaid via insurance or bankruptcies. The programs target risk capital to spur local business growth, with ongoing recoveries and occasional write‑offs as projects succeed or fail.
MENTIONED IN THIS ARTICLE
Heyco
Norman Heying
Prins
Halloran
Heying
Ron Isham
U.S. Small Business Administration
SBA
Isham
Dick Strandmark
Plymell Dairy
Plymell
Strandmark
Qualls Inc
IGA
Patty Richardson
Great Plains Development
Dodge City
MGM Enterprises
Papa John’s Pizza
Garden City
Liberal
Howard Holmes
Perez uses rotating loan to expand Paleteria business growth
Perez secures a $10,000 city rotating loan through Commerce Bank to cover part of a building cost, enabling an alterations room and after school space. She notes the loan mirrors bank paperwork and may help pay off the mortgage, with a long term 15 year plan.
MENTIONED IN THIS ARTICLE
Day Cares
Perez
Commerce Bank
City Commission
Revolving loan program aids growth via multiple channels
The program relies on banks and the Garden City area groups for referrals while Great Plains helps applicants craft business plans and cash flow. Review steps span Start Inc. and local commissions with fees tied to loan principal, with funds now totaling about $143,529 after prior disbursements. The city and county seek higher per job loan caps to boost impact while keeping within federal guidelines.
MENTIONED IN THIS ARTICLE
Richardson
Carol
Meyer
Garden City Area
Great Plains
Start Inc
Garden City Area Industrial Development Corp
Start
Garden City
Finney County
Olson
Bob Halloran
Lucy's Fashion
Garden City Ammonia Project LLC
Plymell Dairy
Halloran
Garden City Ammonia Program LLC
Lucy’s
Also Mentioned on This Page
Teleservices
Kansas Department of Commerce and Housing
Lucy Perez
Lucy
Fulton Street
Stevens Avenue
Eighth St
Matthew Huddlester
Cele AY
Fibercraft No.w
Palmer Manufacturing and
Quall’s Inc
Lary’ Iga
Arrow
Eno
Central Plains Aviation
Papa John
Teleservices of
Garden City Inc
Javed
R & R Frame & Axle Inc
Plymell Dairy LLC
Gondam
siVel
The
Blue Notes
Finney County Fairgrounds
Iowa
City of Garden City Revolving Loans
Heycoin
Larry's Iga
Foster Music Inc
Heyco Inc
J & A Livestock Products
MGM Enterprises LLC Due
Papa John's Pizza
Garden Clyne
R&r Frame and Axle Inc
Lucy's Fashion Loan
Judy O’ Neal
Judy
Anic
Ira
Kansas Plaza
Garden C
George E. Matthews
FACOG
Ben D. Williams
Maura S. Welch
Main
Military Plaza
American College OF Obstetrics & Gynecology
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