CURRENT NEWS FROM SCKEDD

July 14, 2008

Jill Olson Photography 

The SCKEDD Microloan Program and the Butler County Microloan Program recently closed a loan with Jill Olson d/b/a Jill Olson Photography, a photography business in Augusta, Kansas.  Ms. Olson opened her business in 1996 and has expanded her line from just photographing children to capturing the portraits of families and seniors.  After taking a brief hiatus from the business for a few years, Ms. Olson is ready to reenter the photography business by purchasing updated photography equipment.    These loans assisted her in obtaining the needed equipment for the ever-changing photography industry.

July 3, 2008

The June 2008 issue of the SCKEDD Messenger is now available on-line.

June 20, 2008

Java Salon, LLC

 SCKEDD’s Microloan Program recently closed a loan with Java Salon LLC, which is a start-up hair salon located at 13303 W. Maple, Ste. 115, in Wichita, Kansas.  Innovative Bank and Borrego Springs Bank also participated in the total project.  Christy Crites has over 15 years experience in the hair care industry and is excited to venture out with her own salon.  She will also offer a coffee bar and internet access while you are waiting to get your hair styled.    This loan will assist her in purchasing the equipment and having the working capital to be able to open her own salon.  Her grand opening is on Saturday, June 21, 2008.

June 16, 2008

Eagle 1 Heating & Air, L.L.C.

 The Sedgwick County Microloan Program recently closed a loan with Eagle 1 Heating & Air, LLC, a heating and air business in Park City, Kansas.  The owner, Dustin Dillon, is fully licensed and insured.  This loan assisted Mr. Dillon in purchasing the needed equipment for the business and provided working capital.

June 12, 2008

Dustee Self Agency, LLC dba American Family Insurance Agency

 The SCKEDD Microloan Program recently closed a loan with Dustee Self Agency, LLC, an American Family Insurance agency in downtown Wichita. The owner, Dustee Self, has several years of experience in the industry and was privileged to obtain a large number of policies from another American Family Insurance agent who left the business.  This loan assisted her in obtaining working capital so she could hire an additional staff member to assist in caring for these new policies.  

Eureka Lake Bait House

 The Greenwood County Microloan Program recently closed a loan with Travette Tannahill and Michael Tannahill d/b/a Eureka Lake Bait House, a bait shop located at the Eureka Lake.  The owners plan to operate the business on Thursday, Friday, Saturday and Sundays from May to September each year.  They are also contracted with the City of Eureka to sell the camping and boating permits at the lake.   This loan assisted them in purchasing equipment, inventory and working capital for the business. 

2 Mom’s in a Bakery dba Daylight Donuts

 The SCKEDD Microloan Program recently closed a loan with 2 Mom’s in a Bakery dba Daylight Donuts, a Daylight Donut shop in Hutchinson, Kansas.  The mother and daughter team, Brenda Pardee and Otha Lollar, decided to purchase the existing business and re-open it as their own business at 305 North Main, in Hutchinson.  This loan assisted them in purchasing the business and provided inventory and working capital for the business. 

June 11, 2008

May Issue of SCKEDD Messenger

The current issue of the SCKEDD Messenger is now available.  Click here to view the May 2008 issue or any previous issues you might have missed..

May 12, 2008

Good Health Chiropractic & Diagnostic Center, LLC

 SCKEDD recently packaged an SBA 7(a) Patriot Express Loan for Dr. William Good to assist with financing for Good Health Chiropractic & Diagnostic Center, LLC in Hillsboro, Kansas.  Loan funds were provided through Emprise Bank and SCKEDD prepared the necessary loan application documents and provided advice to Emprise Bank Community Bank President, Robert L. Watson, for the 7(a) Patriot Express application process.  A companion Revolving Loan Fund (RLF) loan through SCKEDD was used to complete the project financing.  Rick Rawlings, RLF Program Manager, packaged and closed the RLF loan.

 Good Health Chiropractic & Diagnostic Center, LLC was formed by Dr. Good in February 2008 to provide chiropractic and alternative healthcare services.  Dr. Good will focus on the growing demand for alternative healthcare services as consumers become increasingly interested in disease prevention and health maintenance.  The business will have two full-time employees.  It is located at 122 North Main Street.