Amanda Koon, owner and operator of Knockouts Tanning, received a microloan through the Ozarks Small Business Incubator (OzSBI) to relocate and expand their existing business. Knockouts offers UV tanning, Red-light Therapy, spray tanning, and eyelash and makeup services in addition to a selection of accessories and wellness products.. You can find them at their new location at 806 W. Broadway in West Plains, MO or by visiting their Facebook page at KnockoutsTanning.

OzSBI’s Microloan Fund offers microloans of up to $50,000 to qualifying businesses in Douglas, Howell, Oregon, Ozark, Shannon, Texas, and Wright counties and within the city limits of Mammoth Spring, AR. The goal of the program is to stimulate the local economy by providing startup and expansion loans to new and existing businesses. Microloans may be used as direct loans, seed capital, or “gap” financing combined with other lending. The application process is similar to a traditional bank loan application. The main qualifiers for consideration are good credit and a sound financial plan.For more information about the Ozark Small Business Incubator microloan program, please visit www.ozsbi.com or call 417-256-9724.