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Schumer asks government to fast-track loan for Hart's Grocers

 
Schumer asks government to fast-track loan for Hart's Grocers
Posted Tuesday, February 25th 2014 @ 3pm  by Bud Lowell

United States Senator Charles Schumer wants the Small Business Administration to fast-track a loan application for Hart's Local Grocers in Rochester.

 

Schumer says the developers have applied for more than a million dollars of government loan money to help develop their grocery store in Rochester's East End. He says approval of the SBA loan will let the developers lock in the remainder of capital they need to start construction and open their store next to the Little Theater in May.

 

The partnership developing the store just east of downtown has a $3 million bank loan from Canandaigua National, but it's on condition that they get the SBA loan commitment letter.

Hart's Local Grocers will be built in the former Craig Autometrics Building.

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