Business Description
Milkweed Arts is an adult arts education center where we offer college-level art education without the need for a university environment. We offer classes in a variety of mediums, including glass, metal, painting, drawing, printmaking, fibers, silk-dyeing, mosaic, and more. Metro Phoenix, one of the largest cities in the USA, was severely lacking in arts education opportunities outside of the university setting, an with Milkweed Arts, we hope to fill that gap, bringing quality art education to the general public. Some of our students aspire to a future career in the arts, while others just want to learn a new skill they can enjoy during their “down time” from their regular day job. We are always looking at ways to expand our offerings to meet the needs of our community, and to adapt to their needs.
What is the purpose of this loan?
This loan will be used to purchase a waterjet cutting machine. This machine allows precision cutting of a variety of metal and glass materials using software to create intricate and precise designs for artwork. This purchase is expecting to increase our revenue by as much as 20 percent. This will have a great impact on our business, as well as expanding the abilities and access to equipment for our students.