CCIDA backs $700,000 in loans for beer distributor, wedding venue
Posted on AllSides July 1st, 2024
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The Chautauqua County Industrial Development Agency late last month approved two low-interest loans totaling $714,000 to a wholesale beer distributor and a wedding venue. The agency backed a $574,316 loan to Gren Venture LLC, which operates as Arthur R. Gren Inc. Located at 1886 Mason Drive in Ellicott, the 70-year-old company distributes beer and nonalcoholic products, and will use the loan to consolidate a pair of existing loans dating to 2013. That's when the company built a 22,875-square-foot recycling and warehousing center, using a bank loan and an earlier AI...