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Business Programs Success Stories
Kansas

Rural Economic Development Loan Program

Grand Opening of Grocery Store on May 10, 2006
Successes:

Project benefits over 3,000 area residents

Gene’s Heartland Foods is the only grocery store in Ellsworth, Kansas

The new store is projected to create 10 additional jobs for the community

Challenges:   None
Action Plan:   Continue normal servicing of the project [Agency]
USDA Rural Development Program:   $450,000 Loan

Project Narrative:
Clasen Inc. owns grocery stores in six rural communities across Kansas, including the only grocery store in Ellsworth, KS (Gene’s Heartland Foods). The store will provide a deli, flower shop, bakery and catering services. The new store will provide the area residents with a better choice of services and will help keep local dollars in the community instead of losing this economic activity to urban markets.

Funding for the 21 square foot project includes a commercial loan in the amount of $1,100,000, an applicant contribution of $350,000 and the loan from USDA Rural Development in amount of $450,000.