1 / 18

South Central Kansas Economic Development District, Inc. “SCKEDD”

South Central Kansas Economic Development District, Inc. “SCKEDD”. ANNUAL MEETING April 28, 2011. Small Business Lending and Packaging. Total Projects Funded April 1, 2010 through March 31, 2011. Small Business Administration Microloan Program

sorcha
Download Presentation

South Central Kansas Economic Development District, Inc. “SCKEDD”

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. South Central Kansas Economic Development District, Inc. “SCKEDD” ANNUAL MEETING April 28, 2011

  2. Small Business Lending and Packaging Total Projects Funded April 1, 2010 through March 31, 2011

  3. Small Business Administration Microloan Program USDA Rural Microenterprise Assistance Program Rural Business Development Tax Credit Program Network Kansas and E Community Programs

  4. $35,000 SBA Microloan House of Beauty Derita Strong Wichita, KS Equipment, Inventory, Site Improvements,Working Capital

  5. RBDTC $9,000Network KS RBEG $9,000Hillsboro E Community $27,000SBA Microloan $5,200Network KS Start Up KS $7,800Total $58,000 Olde Towne Restaurant Brenda and David McGinness Hillsboro, KS Equipment, inventory, site improvements, working capital

  6. $29,000 SBA Microloan Twist Inc. Shelly Stilger Wichita, KS Working capital

  7. RBDTC $48,020Sterling Alden E Community $45,000Total $93,020($23,520 of the RBDTC funds raised by Sterling / Alden and reserved for E Community Match) Jeremy’s Paint and Body Jeremy and Amy Kroeker Sterling, KS Building construction and equipment

  8. $42,750 RMAP$14,250 RBDTCTotal $57,000 Bentley Corner Bar & Grill Janice and Scott Griffin Bentley, KS Building purchase

  9. $15,000 RMAP$5,000 RBDTCTotal $20,000 Capable Hands, Inc. dba Releaf Landscapes Sharon Scott South Hutchinson, KS Working Capital

  10. KS Dept. of Commerce Neighborhood Stabilization Program “NSP” KS Dept. of Commerce “CDBG-ED” EDA Revolving Loan Fund “RLF” USDA Intermediary Relending Program “IRP” Small Business Administration 504 Small Business Administration 7(a)

  11. NSP 531 S. Estelle, Wichita “BEFORE” Purchase, Rehab and Financing Mechanisms

  12. NSP 531 S. Estelle, Wichita “AFTER” Purchase Price $88,000

  13. NSP 523 Old Main, Newton Purchase lot and Redevelopment

  14. CDBG-ED $476,725SBA 7(a) $245,275Capital Injection $30,000Total $722,000 Tortilla King, Inc. Juan Guardiola and Robert Ratzlaff Moundridge, KS Purchase and install waste water pretreatment plant, purchase of corn tortilla line machinery & equipment and provide working capital

  15. RLF $70,000MicroLoan $30,000Total $100,000 Advatec , LLC Doug Hodgens and Sean Reed Wichita, KS Working Capital

  16. RLF $125,000Bank $285,000Cap. Inj. $106,517Total $516,517 Fairchild Interiors and Design, LLC Bob and Jan Colvin Wichita, KS Leasehold Improvements and Working Capital

  17. 504 $120,000Bank $167,0007(a) $123,550Cap. Inj. $113,600Total $524,150 Woydziak Hardware Jason Huddleston and John Johnson Lyons, KS Purchase existing business including building, equipment and inventory

  18. SBA 7(a) $350,000 Gaslamp Grille Whitney VinZant Wichita, KS Leasehold improvements, equipment and inventory

More Related