J Benzal LLC
About the project
Jay Benzal is a premier custom retail menswear shop, located in downtown Indianapolis since 2008. They feature high-end custom clothing for men as well as an in-house master tailor. Jay Benzal has a wide range of styles including suits, dress shirts, sport coats, jeans, ties, shoes, outerwear, and cologne
Jay Benzal is located in Indianapolis, Indiana.
In participation with the Entrepreneurs of Color Loan Fund (EOCLF), LISC provided a loan of $1.01 million to finance the acquistion and rehabiliation of Jay Benzal's two-story commercial real estate property at 38 E. Washington Street. This Project 10X-eligible project will support wealth building through real estate asset ownership and will help mitigate gentrification, while leveraging local Indy real estate downpayment and grant programs.
Partner:
Benzal LLC
Location:
Indianapolis, Indiana
Total Investment:
$1.01 million
Results:
4 jobs created or preserved
7,140 sq ft
Project Category:
Employment Generation;
SME Financing
Product:
Acquisition loan
UN SDGs:
