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Limestone Federal Credit Union Press Release

Limestone Federal Credit Union Supports Local Business Growth

MANISTIQUE, Mich. – Limestone Federal Credit Union, a dedicated member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), is proud to announce that it has facilitated a substantial Elevate Small Business grant amounting to $19,693.00 for The Grind Coffee House, a prominent local establishment committed to quality service and community engagement.

Expanding Opportunities for The Grind Coffee House

The Grind Coffee House is driven by its heartfelt mission of “making coffee while making a difference.” With the financial support provided through the Elevate Small Business grant from FHLBank Indianapolis, The Grind Coffee House plans to enhance customer experience significantly. The funds will be utilized to acquire an additional espresso machine, an essential upgrade that will streamline operations and improve output, as well as to renovate the seating area, creating a more welcoming and inclusive environment for patrons.

Owner’s Perspective on the Grant

Hali Holt, the owner and operator of The Grind Coffee House, expressed her excitement about this incredible opportunity: “The crew and I at The Grind Coffee House are elated to have been selected as Limestone Federal Credit Union’s first Elevate Grant recipient.” She continued, “This grant will allow us to not only add an additional espresso machine to our lineup but also refine our skills in an efficient manner. The improvements to our seating area will help us embody the all-inclusive environment we strive to offer our customers, and we are incredibly grateful for this chance to grow and enhance our service within the community.”

Holt emphasized her business’s dual mission: “At The Grind, we aim to provide top-quality beverages and outstanding service while also being a safe haven for everyone in the community. This grant enables us to build on that foundation and continue striving toward our goals with renewed energy. Thank you, Limestone Federal Credit Union, for investing in us and our community!”

Details of the Elevate Grant Program

The FHLBank Indianapolis’s Elevate grant program is designed specifically for for-profit businesses located in Indiana and Michigan with annual revenues below $1 million. Each year, applications for the grant are meticulously reviewed based on their feasibility and the projected positive impact on the local community. This year alone, FHLBank Indianapolis has awarded a remarkable $1,009,561 in Elevate grants, empowering small businesses to reach new heights in their success.

Commitment to Community Growth

Jennifer C. Watson, Chief Executive Officer of Limestone Federal Credit Union, stated, “We are thrilled to see our local business community reaping benefits from our membership in the Federal Home Loan Bank. Supporting the growth and success of the communities we serve is at the core of what we do.” She further highlighted The Grind Coffee House’s inspiring journey: “We take pride that our first grant recipient is The Grind Coffee House, which started as a student-operated initiative through a collaboration between Limestone FCU, Upward Community Youth, Inc., and Manistique Area Schools, and subsequently transitioned to owner-operator Hali Holt. This grant will facilitate the continuation of The Grind’s positive impact on the local economy, and we look forward to seeing the broader benefits it creates in our community."

How AI legalese decoder Can Assist Local Businesses

In navigating the complexities of grant applications and business legalities, small businesses like The Grind Coffee House can benefit immensely from tools such as AI legalese decoder. This innovative AI platform is designed to simplify legal documents and grant agreements into plain language, ensuring that business owners fully understand their rights, obligations, and opportunities. By utilizing such technology, local businesses can streamline their processes, reduce misunderstandings, and focus more on their core missions while fostering growth and service improvements within the community.

By embracing community support and harnessing available resources, local businesses like The Grind Coffee House are poised for continued success and economic impact, contributing to a vibrant local economy.

Conclusion

Limestone Federal Credit Union’s support through the FHLBank Indianapolis Elevate Grant program exemplifies a commitment to fostering local entrepreneurship. With the financial boost and resources available through initiatives like AI legalese decoder, businesses can not only survive but thrive in the evolving economic landscape.

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