Community First Bank of Indiana (CFB), a member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has helped to secure a $20,000 Elevate Small Business grant for Right Path Physical Therapy and Performance Academy LLC, as well as a $20,000 Elevate Small Business grant for All God’s Creatures pet grooming.
With an Elevate grant, these two organizations can expand or train new or retain existing workers.
“Small businesses are the foundation of our communities. We believe that strong small businesses generate more economic opportunities for everyone. At Community First Bank, we’re working to help them thrive,” said Caroline Jewell, CFB Mortgage Loan Officer who assisted the recipients with their grant applications.
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.