The City of Atchison’s E-Community Program is pleased to announce a new loan to Wolfe Screen Prints LLC. Wolfe Screen Prints is using the E-Community Loan proceeds to (a) acquire the real estate located at 117 S. 8th Street in downtown Atchison and (b) purchase equipment that will grow the product and service offerings of the business.
Additional financing, which is required for all E-Community Program loans, was provided by Exchange Bank & Trust.
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.
Wolfe Screen Prints is the twenty first E-community loan processed by the City of Atchison. Those 21 loans total over $950,000 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: Zach is joined by his wife, Melissa, and their children as well as Dan Raplinger of Exchange Bank (far left).
