Monica Hoover is the new owner of Steam Pro, a carpet cleaner service in West Plains. She recently received a microloan offered through the Ozarks Small Business Incubator (OzSBI) to purchase the business. Steam Pro specializes in cleaning carpet, tile and grout. Steam Pro can be reached at 417-256-2701.
Microloans of up to $25,000 are available to qualifying businesses located in Douglas, Howell, Oregon, Ozark, Shannon, Texas and Wright counties and 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, with good credit and a sound financial plan the main qualifiers.
For more information about OzSBI’s microloan program, please visit here, or call 417-256-9724.
Pictured Left to Right: Heather W. Fisher, OzSBI Executive Director, Monica Hoover, owner of Steam Pro, and Ila Sloan, OzSBI Financial Operations Manager.