Luminaries Salon & Gallery Receives E-Community Loan For Startup
The City of Atchison’s E-Community Program is pleased to announce a new loan to Luminaries Salon & Gallery, LLC. The startup business, which is owned by Nicole and Stephen Durkin, is located at 119 North 5th Street in downtown Atchison in between the Sunflower and Jerry’s Again. Luminaries Salon & Gallery, LLC will feature several stylists with a combined total of 50+ years of experience in the Atchison market. The $7,500 in E-Community Loan proceeds will be coupled with financing from the Bank of Atchison to fund buildout, signage, furnishings, and inventory purchases,.
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 restaurants, retail stores, and hair stylists can use this locally controlled, revolving loan fund as gap financing to make their small business dreams come true.
Luminaries Salon & Gallery is the twenty sixth E-community loan processed by the City of Atchison. Those 26 loans total over $1.25 million in gap financing that has supported small business development in the Atchison community.
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 (City of Atchison), Nicole and Stephen Durkin (Luminaries Salon & Gallery).
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