The City of Atchison’s E-Community Program is pleased to announce a new loan to Holtgrave Heating and Cooling LLC, a startup HVAC contractor looking to serve the Atchison community.
The $21,600 in loan proceeds will help finance the acquisition of tools and a work vehicle for the company. Holtgrave Heating and Cooling is owned and operated by Gevin and Jamie Holtgrave of Atchison, Kansas. Additional financing for the project was provided by Bank of Atchison.
Since January of 2017, the Atchison E-Community Program has been offering loans for small business startups, expansions, and acquisitions. Everyday businesses like coffee shops, retail stores, doctor’s offices, art galleries, etc… 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.
Holtgrave Heating and Cooling is the fourteenth E-community loan processed by the City of Atchison since January of 2017. Those fourteen loans total over $550,000 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: From left to right, Justin Pregont (City of Atchison), Jamie Holtgrave, and Gevin Holtgrave.
