Menino is set to present loan to Geekhouse Bike Co.
The Boston Globe
March 19, 2009
Boston Mayor Thomas M. Menino, a sometime biking enthusiast, is scheduled today to present Geekhouse Bike Co. a check for a $70,000 loan from the Boston Local Development Corp., his office said.
Founded in 2004, Geekhouse is an Allston-based bicycle manufacturing business that produces bicycle frames for riders who seek a custom built product.
Geekhouse offers seven models of stock bike frames that can be customized by adding a variety of features, both mechanical and esthetic, and it sells those frames to individuals, retail stores, and international distributors, the mayor's office said in a media advisory.
"While our original frames were designed in-house and outsourced for manufacturing, our newest line of frames are now being both designed and hand-crafted by yours truly in our new work space in Allston, Mass.," Martin Walsh of Geehouse noted on the company's website.
Boston Local Development Corp. "provides loans of up to $150,000 for businesses in, orrelocating to, the City of Boston," a spokeswoman for the mayor wrote in an e-mail. "These loans can be used when buying a new business property, purchasing equipment and machinery, constructing an addition to an existing plant, making leasehold improvements, or providing working capital to grow your business."
Last updated Apr 22 2009 06:27 PM
