StartUp Hutch aids in securing key loan for restaurant purchase

Kansas-based advisory firm StartUp Hutch enabled Francisco Villanueva and Karina D. Carmon to secure an imperative loan package for purchasing Carolyn’s Essenhaus restaurant, guaranteeing a smooth relocation for the eatery’s operations. Villanueva credited his engagement in the Entrepreneurship Business Basics (EBB) Jump program under StartUp Hutch’s patronage for his successful loan acquisition. The 12-week course, instrumental in boosting his business acumen and self-confidence, was pivotal in securing the loan. Developed by StartUp Hutch in collaboration with NetWork Kansas, the EBB Jump program seeks to stir Reno County residents’ entrepreneurial spirit. It provides a thorough insight into business initiation and management while fostering connections with established business leaders. Jackson Swearer, Executive Director of StartUp Hutch, expressed joy over Francisco and Karina’s restaurant venture.

Securing pivotal loan for restaurant acquisition

He emphasized the role of the loan in preserving a community institution, Carolyn’s Essenhaus, and illustrated the benefits of local partnerships on the economy. The $230,000 loan was arranged through the united efforts of StartUp Hutch, Peoples Bank and Trust, and the Hutchinson Community Foundation. Aubrey Abbott Patterson, the Hutchison Community Foundation President/CEO, expressed pleasure in contributing to local control of major community establishments and emphasized the importance of investments like these for local autonomy over community institutions. As for the new proprietors’ plan encompasses a harmonious blend of freshness and tradition in Carolyn’s Essenhaus’s offerings. They aim to blend creative culinary concepts with the restaurant’s enduring customs, enhancing the menu with a splash of avant-garde influences.