| Business awards
The U.S. Small Business Administration's Kentucky District Office has recognized Republic Bank as the recipient of its Gold Lender Award. Republic Bank received the award for lending excellence as a community bank by lending 43 SBA loans totaling $5,690,900 during the 2007 fiscal year. James C. Klotter of Lexington is this year's recipient of the Kentucky Historical Society's Governor's Award for his book, Kentucky Justice, Southern Honor, and American Manhood: Understanding the Life and Death of Richard Reid. The award is given to the author of the best book to appear on Kentucky history during the past four years. Governor's Award winners receive a plaque and a $1,000 prize, funded by the Kentucky Historical Society Foundation. Tracy E. K'Meyer is this year's winner of the Kentucky Historical Society's Richard H.
Summit targets small-business owners
A free informational session on business financing for small-businesses owners will be held in Honolulu Dec. 5. Hawaii-based mortgage banking company Meridian Financial Network is sponsoring its first Small Business Summit, which it plans to hold annually. The company, a U.S. Small Business Administration-approved lending institution, said the half-day session will help familiarize small-business owners with both in-house and government loan programs, including SBA loan programs. The SBA offers loan programs to help small businesses obtain financing when they might not be eligible for conventional bank loans because of a lack of financial history. Speakers at the session will include Andrew Poepoe, director of the SBA's Hawaii District office; Jim Tollefson, president and CEO of the Chamber of Commerce of Hawaii; and Keith Ogata, director of S.C.O.R.E.
SBA Deadline to Apply for Economic Injury Disaster Loans is December 26, 2007
The U.S. Small Business Administration is reminding businesses in Broward, Collier, Miami-Dade and Monroe counties in the State of Florida that Economic Injury Disaster Loans are still available to small businesses economically impacted by the fire November 19, 2006 at the strip mall located at 1890 SW 8th Street, Miami, Florida. "Small businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the December 26 deadline," said Frank Skaggs, Director of SBA Field Operations Center East. Small businesses may apply for loans up to $l.5 million if they suffered substantial economic injury from the disaster. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.
Patriot Express Loan program is off to a hot start, SBA says
Just five months after launching a loan program to benefit the military community and veterans, officials with the U.S. Small Business Administration (SBA) say the numbers look good. More than 500 small business loans have been awarded to date through the SBA's Patriot Express Loan Initiative nationwide. According to the San Antonio office of the SBA, 14 loans were awarded locally since the program's inception -- totaling $1.428 million. The average loan amount, according to Linda Olinick, spokeswoman with the local SBA office, was $102,050. Correction:An earlier version of this story contained incorrect information regarding the percentage rates on Patriot Express loans. .
Small business summit set Dec. 5 at Ala Moana Hotel
A "Small Business Summit" to assist business owners on loan programs and other issues that affect businesses will be held from 9 a.m.-noon Dec. 5 at the Ala Moana Hotel. The free event is sponsored by Meridian Financial Network and will feature experts on small business. Speakers will include Andrew Poepoe, district director of the Small Business Administration in Hawai'i; Jim Tollefson, chief executive officer of the Chamber of Commerce of Hawai'i; Keith Ogata, director of SCORE Hawaii; and J.P. Park, vice president of Nara Bank. For reservations, call 942-2224, ext. 102, or e-mail neysa@mortgage2u.com. .
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