North Shore Bank and
Historic King Drive Business
Improvement District Announce
$50,000 Revolving Loan Fund
North Shore Bank and the Historic King Drive Business Improvement District (BID) announced the creation of a $50,000 revolving loan fund, to be used towards revitalization efforts in the business district. North Shore Bank contribution of a $25,000 investment will match the BID’s investment of $25,000.
The BID will utilize the fund to authorize small business loans between $1,000 and $10,000. The loans will be available to qualified businesses looking to either start or grow their presence in the Historic King Drive district. In addition to the funds, applicants will receive free technical assistance and mentorship.
Interested businesses can call 414-265-5809 for more information or to apply.