Foodie Catering is planning a $150,000 renovation of a one-story building at 213 Clear Lake Way, Orlando, FL (MAP) in the Parramore section of downtown Orlando. They own the property and plan to relocate its catering business to the site. Foodie will also complete a full interior renovation/ build out of the building.
Foodie Catering, Inc. has applied for assistance through the City of Orlando Small Business Facade Program for building painting, fencing for the property and new signage at 213 Clear Lake Way.
Total capital investment for this project (interior and exterior work) is approximately $150,000.
Total eligible project costs for Foodie Catering, Inc. under the SBFP are $12,780.91. The Small Business Facade Review Committee recommended approval of funding not to exceed $6,000. The Small Business Facade Review Committee Meeting was held September 12, 2016.
The SBFP is an interest free deferred loan for facade improvements to new and existing commercial property and business owners in the City of Orlando. The program, which was approved by the City Council on November 13, 2006, provides assistance with costs related to exterior physical improvements. The SBFP offers matching loan funds to off-set the costs of design and facade improvement expenses such as painting, wall repair or cleaning; window repair or replacement; awnings; new or replacement signage; lighting; streetscape and door repair or replacement. Under the program, the City will loan 50% of the total project cost. Total loan assistance from the City shall not exceed $20,000.
