E-Community Program Approves Loan for Chiropractic Office / Apartment Project
Atchison, KS – The City of Atchison’s E-Community Program has approved a new loan to SunRice Chiropractic as the business relocates to 717 Commercial Street, the former location of Tacyn’s. SunRice Chiropractic will occupy the ground floor of the building and the project intends to renovate and reactivate the apartment on the second floor.
The $72,000 in loan proceeds will help finance the acquisition and renovation of the property. SunRice Chiropractic is owned and operated by Larissa Rice. Additional financing for the project was provided by Exchange Bank.
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, art galleries, breweries, construction companies, 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.
To learn more about the E-Community Program, contact Justin Pregont with the City of Atchison at email@example.com or 913-367-5506.
Photo: Justin Pregont (left), Assistant City Manager and Larissa Rice (right), owner and loan recipient.