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Daylight Donuts Receives E-Community Loan

The City of Atchison’s E-Community Program is pleased to announce a new loan to Daylight Donuts, a longtime staple of downtown Atchison in the 700 block of Commercial Street. Daylight Donuts has been owned by Gaye Hess for nearly five years.

The $46,000 in loan proceeds will help Gaye purchase the property from her landlord and also fund a series of improvements to the building. Daylight Donuts makes their product fresh, daily, and on-site.

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 laundromats, professional services, retail stores, and contractors can use this locally controlled, revolving loan fund as gap financing to make their small business dreams come true.

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.

Daylight Donuts is the twentieth E-community loan processed by the City of Atchison. Those twenty loans total over $900,000 in gap financing to support small business development in the Atchison community.

To learn more about the E-Community Program, contact Justin Pregont with the City of Atchison at justinp@cityofatchison.com or 913-367-5506.

Photo: Gaye Hess (Daylight Donuts)

July 26, 2019

More Stories

City Appropriates ARPA Funds for Non-Profit Capital Project Support
November 22, 2022
The Bunker at Bellevue Awarded E-Community Loan Funds
November 21, 2022
City Seeks Economic Development Partners
July 22, 2022

Whether you need resources, investment capital, expertise navigating business tax credits and grant programs or just a cadre of like-minded entrepreneurs and many levels of corporate leadership, Grow Atchison can help.

Contact


Justin Pregont
Consultant Pomeroy Development
515 Kansas Avenue
Atchison, KS 66002
Ph: (913) 367-5506

Justin Pregont
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