Stories

Sunhouse Craft

Sunhouse Craft
Microlender:
Mountain Association
Impact:
Financing opening a storefront and expansion of a woman-owned business.
Location:
Berea, KY
Loan Amount:
n/a
Cynthia Main is a multi-talented modern craft maker, combining broom making and wood working out of her studio in Berea, Kentucky. Her specialties include hand woven brooms, and wooden wares hand crafted by axe and knife. Taking care to source ...
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Bernadette Mopera and Co. Showroom

Bernadette Mopera and Co. Showroom
Microlender:
PACE
Impact:
Financing COVID-related business and supply chain shifts.
Location:
Los Angeles, CA
Loan Amount:
$25,000
Bernadette Mopera has been the proprietor of a woman-owned and operated apparel and accessory showroom since 1997. Due to COVID-19 and the Safer at Home Order, Bernadette's wholesale apparel distribution business was severely affected. The European brands she sells were ...
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Skylar Security

Skylar Security
Microlender:
Access to Capital for Entrepreneurs
Impact:
Allowed for hiring additional staff to expand security company.
Location:
Atlanta, GA
Loan Amount:
$30,000
By the time Jamine Moton walked away from the world of collegiate track and field in 2004, she was a national champion, a hammer throw record holder, an Olympic alternate and a future Hall of Famer . However, when she ...
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Pastry4U

Pastry4U
Microlender:
Wisconsin Womens Business Initiative Corporation
Impact:
Business startup capital for equipment and expenses.
Location:
Kenosha, WI
Loan Amount:
n/a
In 2003, Harriett Wilson retired from her long career in pharmaceuticals and began to pursue her passion, baking. She ran with her desire to be a professional baker by pursuing her Baking Production Certificate. But Harriett wanted to train where ...
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Home Brewing Company

Home Brewing Company
Microlender:
CDC Small Business Finance
Impact:
Secured brewing equipment and provided build out of a brewery and taproom space.
Location:
San Diego, CA
Loan Amount:
$40,000
George Thornton began brewing his own beer as a hobby in 2002 thanks to a recommendation from his sister. It wasn’t until he was in grad school that he thought about making his hobby his career. In February 2012, George ...
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Ragsdale Home Furnishings

Ragsdale Home Furnishings
Microlender:
Northern Initiatives
Impact:
Refinancing lines of business credit & COVID-era business assistance
Location:
Battle Creek, MI
Loan Amount:
n/a
Phil Myer built his first table lamp in junior high school, never imagining that someday he’d be doing it for a living. Today, as the owner of Ragsdale Home Furnishings and a master craftsman, he specializes in the original design ...
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Hudson & Associates

Hudson & Associates
Microlender:
Justine PETERSEN
Impact:
Loan modifications due to COVID-19, used for compiled debt and overhead expenses.
Location:
St. Louis, MO
Loan Amount:
$51,000
Shelia Hudson is a sole owner of Hudson & Associates, LLC established in 2005. The business provides Project management, operation support, planning and public relations services. Hudson & Associates, LLC specializes in parking systems, project and construction management. The COVID ...
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Velodrome Coffee

Velodrome Coffee
Microlender:
Northern Initiatives
Impact:
COVID-related bridge loan & original business startup capital.
Location:
Marquette, MI
Loan Amount:
n/a
At the start of March 2020, two and a half years after launch, Velodrome Coffee in Marquette, Mich., was growing at a rate the owners hadn’t expected. Business was up 40% over the previous year with a number of incredible ...
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The Bird and the Bear Grill

The Bird and the Bear Grill
Microlender:
Northern Initiatives
Impact:
Startup business expenses including purchasing a building and equipment, and have working capital for operation.
Location:
Roscommon, MI
Loan Amount:
n/a
Nancy Forster-Miller and Jim Miller start The Bird and the Bear Grill as a local diner in Roscommon in 2018. An SBA Microloan by Northern Initiatives, a CDFI in Michigan, allowed the couple to purchase a building and equipment, and ...
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