Loans to be distributed to more than a dozen Louisville entrepreneurs
The city of Louisville is making the American Dream possible for 13 small business owners.
LOUISVILLE, Ky. (WDRB) -- The city of Louisville is making the American Dream possible for 13 small business owners.
Nearly $130,000 in loans will be split up between more than a dozen "microenterprises."
The loans benefit low-to-moderate income entrepreneurs, with five or fewer employees.
Joel Ruiz got a $15,000 loan last year and was able to expand J.J. Family Auto Sales' shop off of Dixie Highway -- and now, he also owns a food truck.
"The first thing I asked our partner, the chef, 'Do you believe in the American dream?'" Ruiz said. "He said yes. I said, 'You are part of our team.'"
The loans will help a video production group, event rental space, fashion business, tax service, two childcare facilities and four catering businesses.
The loans are funded by federal dollars.
Copyright 2016 by WDRB News. All rights reserved.