Shopping center goes on the market
The Salt Creek Plaza shopping center is up for sale.
Originally built in 1972, Nashville’s only modern shopping complex has been through multiple tax sales in the past five years. But it stayed in the hands of Miller and Herr Associates until October, when the title transferred to BloomBank in Bloomfield.
The bank is selling the property because it does not wish to be a landlord, said Breeden Commercial/Industrial Realtor Mark Pratt.
Pratt said a number of improvements have been done in the past year, included repaving, re-roofing, repainting and plumbing upgrades.
The commercial property — home to Pine Room Tavern and Dollar General — presents a good opportunity given the construction of the new Hawthorne Hills senior apartments next door, Pratt said.
About 2 acres, the property is being marketed for $875,000.
Local man in charge of new executive division
A Brown County local has been named the leader of a new motorcycle division at Lucas Oil Products.
Michael Farabaugh — a member of the American Motorcycle Association Hall of Fame — will be in charge of expanding the reach of Lucas Oil’s motorcycle products, according to a press release.
As the CEO and executive director of American Bikers Aimed Toward Education of Indiana, and a member of the American Motorcycle Association’s board of directors, Farabaugh has advocated for greater rider education and safety, according to the press release.
“In everything he’s done, from testifying before the U.S. Senate in support of biker rights to organizing massive fundraisers for our local children’s hospital, he impressed me with his professionalism, attention to detail and ability to organize and motivate people,” said Lucas Oil CEO Forrest Lucas.
Chamber to sponsor local job fair next month
The Brown County Chamber of Commerce will conduct its third Job Connect job fair from 3 to 7 p.m. Thursday, April 7, at the Brown County Inn, 51 State Road 46 East.
The twice-a-year job fair is free for Chamber member employers to connect with prospective employees.
Member employers should fill out an application and return it to email@example.com by Thursday, April 7.
For more information or to join the Chamber, visit theBrownCountyChamber.org, call 812-988-0234, or write to Brown County Chamber of Commerce, P.O. Box 164, Nashville, IN 47448.
Small-business loans available for in-town ventures
Nashville has $75,000 to loan to entrepreneurs looking to sustain or expand their business or launch a new one.
Small Business Development Loan Program applications and brochures are available at Town Hall, 200 Commercial St., and at townofnashville.org.
Loans can be made generally between $5,000 and $20,000 to any private business that will employ 50 or fewer new employees. The business has to be within the corporate boundaries of town.
Loans can be used for equipment and for working capital. The application says the grantee should have the goal to create or retain at least one full-time job for each $10,000 loaned.
New-business loan recipients will need to participate in a business plan development program through the Small Business Development Center.
Administrative Resources association will check into the financial background of applicants and collect payments on loans that are approved.
ARa will review the application first, then make a recommendation to a local review committee composed of retired banker Ken Birkemeier, chamber of commerce representative Regina Chadwick, Town Manager/Economic Development Director Scott Rudd and redevelopment commission members Rick Kelley and Bob Kirlin.
The USDA Rural Business Development Grant Program gave Nashville the $75,000 to use as a revolving fund, so as loans are paid back, that money can be loaned to more businesses.