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Columbia, SC (WLTX) - Those interested in starting their own business in downtown Columbia now have a new resource to turn to.

The City of Columbia announced a new business loan program Tuesday.

Those interested will be given up to $50,000 towards any costs associated with starting or expanding a business in the Main Street area of downtown.

The goal is to attract a variety of new businesses.

"Fashion and accessories, arts and culture kinds of establishments, home decor and furnishings," says Paul Featheringbill, a commercial loan officer. "We really want to work on that, getting a really good retail mix for Main Street. and we think this loan's a great opportunity to do that."

The loan program will officially be known as the Main Street Capital Program and the More Feet on Main Street Loan. For more information, visit the City of Columbia's Office of Business Opportunities Page.

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