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Hart’s Coin Laundry: SBIF Feature in Back of the Yards

SBIF Grant Impact (47th/Ashland)

Hart’s Laundrymat has served the Back of the Yards community for over 30 years. Owner Arthur Lee applied for a Small Business Improvement Fund (SBIF) grant in 2020 at the encouragement of his local delegate agency, Back of Yards Neighborhood Council.

The scope of work at Hart’s Coin Laundry included masonry work including the replacement of damaged bricks and tuckpointing; storefront improvements including the installation of a glass vestibule, double pane windows with double doors and associated framework; installation of metal awning framing for the back door; and interior wall repairs with drywall, and painting.

Hart’s Coin Laundry is Open for Business!

Learn more about the services offered by Hart’s Coin Laundry by visiting https://www.hartscoinlaundry.com/.

Learn More About the Small Business Improvement Fund

Launched in 1999, Chicago’s Small Business Improvement Fund promotes economic development by providing reimbursement grants for permanent building improvement. Landlords, owner/operators, and tenants (with landlord approval) are eligible to apply. Residential projects are not eligible.

SomerCor is the program administrator contracted by the Chicago Department of Planning and Development. Learn more about the program and apply by visiting www.somercor.com/sbif.

Contact Us

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Elisabeth Williams

EVP, Lending and Credit Operations
(312) 360-3302
ewilliams@somercor.com

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Eric Bacon

SVP, Managing Director of 504 Loan Originations
(312) 360-3335
ebacon@somercor.com

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Darin Gehrke

SVP, Market Lead for Central and Southern Illinois
(217) 793-1075
dgehrke@somercor.com