Rest & Revival Float Center in Batavia approved for GGLDC loan
The Genesee Gateway Local Development Corporation (GGLDC) today approved a loan for Rest & Revival Float Center LLC’s renovation of a City of Batavia facility.
The startup company will be the first health and wellness center in Batavia and Genesee County to provide floatation therapy services.
The renovation includes the purchase of new machinery and equipment. The project has a capital investment of $355,000 and will retain two jobs and create three new jobs.
The company will receive a $100,000 loan from the Genesee Gateway Local Development Corporation’s Revolving Loan Fund.
Rest & Revive will provide floatation therapy and retail sales of floatation sleep therapy systems.
“Businesses are developing new ideas to grow with our economy,” said GGLDC Board Chairman Tom Felton. “The Revolving Loan Fund offers assistance to create more opportunities for companies and our community.”