One Southern Indiana’s ONE Fund Program Approves New Loan for Chapman Funeral Home.

One Southern Indiana’s ONE Fund Program Approves New Loan for Chapman Funeral Home.

One Southern Indiana’s Microloan Program Facilitates Change in Ownership of Chapman Funeral Home.

[Clarksville, Indiana] May 31, 2023- One Southern Indiana (1si) is pleased to announce the successful approval of a new loan through The ONE Fund Loan Program. This loan will support the purchase of Chapman Funeral Home, the only funeral home in Clarksville.

Established in 1951, Chapman Funeral Home has shown dedication to providing compassionate services, offering families a personalized and enduring tribute for their loved ones. Todd Watts, the new owner, expressed his gratitude for the loan, stating, “This additional working capital has empowered me to expand my business and better serve our community.”

Town of Clarksville officials express their strong support for The ONE Fund Loan Program and its contribution to the local business community. Clarksville Town Manager Kevin Baity stated, “We are proud to partner with 1si in their efforts to bolster small businesses in our area. Funding for The ONE Fund comes from partnerships with local municipalities committed to the growth and success of our local small businesses, and to help them thrive in Clarksville.  We believe in the power of entrepreneurship and the positive impact it has on our community’s economic development.”

Rachael Armstrong, Small Business Navigator at 1si and the Indiana Small Business Development Center, also shared her enthusiasm for Chapman Funeral Home’s growth and the positive impact of The ONE Fund Loan Program on local businesses. She stated, “We are thrilled to witness Chapman Funeral Home’s commitment to expanding its services for the community. At 1si, our objective is to continue supporting local business start-ups and growth opportunities. The loan extended to Chapman Funeral Home exemplifies the program’s success in helping small businesses achieve their goals.”


About The One Fund
The ONE Fund was created by One Southern Indiana in 2022 to provide small business owners in the Indiana counties of Clark, Floyd, Jefferson, Scott, and Washington with the capital required for start-up and growth initiatives.  The Fund provides microloans to small businesses as their “lender of last resort” in order to support small businesses as they work toward stability and bankability. For more, visit

About Chapman Funeral Home
The caring and experienced professionals at Chapman Funeral Home are here to support you through this difficult time.  We offer a range of personalized services to suit your family’s wishes and requirements.  You can count on us to help you plan a personal, lasting tribute to your loved one. And we’ll carefully guide you through the many decisions that must be made during this challenging time.


For Additional Information:

Wendy Dant Chesser

President and CEO

Phone: (812) 945-0266



Todd Watts

Owner, Chapman Funeral Home

Phone: (812) 283-7110


/ Expansion