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Loan program approved for small businesses in northeast Wichita - Vimarsana News

Loan program approved for small businesses in northeast Wichita

Loan program approved for small businesses in northeast Wichita Wichita city council members have approved a change in plans for some of the funding from the city’s 2017 sale of the Hyatt Regency Hotel.  The funding will be used to provide a revolving loan program for emerging and small businesses in the northeast area of the city, with a preference for minority-owned and women-owned businesses. The city has divided $6 million from the Hyatt sale to a variety of projects in the six city council districts.  For District 1, the plan was to use $93,000 for a neighborhood redevelopment initia...