Ostrander community market doubles footprint with Consolidated Cooperative loan

Feb 22, 2021News, Newsletter

Magen Howard, Dan Boysel
Consolidated Cooperative

 

 

Midway Market in Ostrander is set to double its size and add much-needed services, thanks in part to a loan facilitated by Consolidated Cooperative.

Ostrander’s only convenience store and gas station, Midway Market will double the square footage of the convenience and grocery store and add a car and pet wash.

It’s an expansion 12 years in the making by owners Chris and Debbie Ledley, who plan to keep the market open through construction and unveil the new spaces in spring 2021. Customers can follow the progress online at supermidway.com or Facebook.com/SuperMidwayMarket.

“Midway Market has been integral to its community for 25 years, and Consolidated Cooperative is a steadfast community partner,” President and CEO Phil Caskey says. “It’s our responsibility to help our local businesses and residents thrive, and we’re proud we can help the Ledleys achieve their longstanding dream of expansion by facilitating the small-business loan.”

Consolidated Cooperative offers a revolving loan program for local small business that’s 100% self-funded. It originated from a U.S. Department of Agriculture loan and grant program intended to spur rural economic development, and now the loan fund pays for itself, allowing local businesses to expand without any extra cost to co-op members.

Since launching the loan program, Consolidated Cooperative has facilitated more than $500,000 in loans to local businesses investing in their communities. For more information, contact Consolidated’s economic development department at 800-421-5863.

Consolidated Cooperative provides electric, gas, and fiber internet services to more than 17,000 consumers in central Ohio. Learn more at consolidated.coop.

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