NEWS RELEASE
LIMESTONE FEDERAL CREDIT UNION
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MANISTIQUE, Mich. – Limestone Federal Credit Union, a member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has helped to secure a $19,693.00 Elevate Small Business grant for The Grind Coffee House.
The Grind Coffee House focuses on its mission of making coffee while making a difference. With funds from the FHLBank Indianapolis’ Elevate Small Business grant, The Grind Coffee House plans to add an additional espresso machine and improve its seating area for guests.
“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," says Hali Holt, owner/operator at The Grind Coffee House. "This grant will allow us to add an additional espresso machine to our lineup, improve our seating area to embody the all-inclusive environment we seek to provide and allow us to refine our skills in an efficient manner. We are grateful for this opportunity to foster growth within the shop and improve the service we provide to our community.
"It is our mission at The Grind to not only provide quality beverages and top-tier service, but to also provide a safe place for all. We hope that with this grant we will be able to build upon that foundation and continue to reach our goals with this momentum. Thank you, Limestone Federal Credit Union, for this opportunity and all that you provide for this community.”
The FHLBank Indianapolis Elevate grant is open to all for-profit Indiana and Michigan businesses with annual revenue of less than $1 million. Annually, applications are evaluated based on feasibility and proposed impact on the local community.
In total, this year FHLBank Indianapolis awarded $1,009,561 in Elevate grants to small businesses looking to take their success to the next level. Learn more about the Elevate Small Business Grant at www.fhlbi.com.
“Limestone Federal Credit Union is thrilled to see our local business community benefit from our membership in the Federal Home Loan Bank," said Jennifer C. Watson, chief executive ffficer, at Limestone Federal Credit Union. "Supporting the growth and success of the communities we serve is at the core of what we do. We are especially proud that the first grant recipient is The Grind Coffee House, a business that began as a student-operated venture through a partnership between Limestone FCU, Upward Community Youth, Inc., and Manistique Area Schools, and was later sold to owner-operator Hali Holt. This grant will enable The Grind Coffee House to expand its current operations and continue making a positive impact on our local economy. We are honored to be part of this initiative and look forward to witnessing its broader benefits across the community.”
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