Stories

Experience Maine

Experience Maine
Microlender:
Coastal Enterprises
Impact:
Operating assistance for COVID-related operating business shifts
Location:
Cumberland Center, ME
Loan Amount:
n/a
Rachel was taking clients and recruiting members for her website, ExperienceMaine.com. Everyone in the industry was enthusiastically making plans for 2020: “2020 was supposed to be a banner year for Maine tourism – we were looking forward to the bicentennial, being ...
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Tribali Foods

Tribali Foods
Microlender:
CDC Small Business Finance
Impact:
Microloan assisted in financing additional production capacity and purchasing raw materials.
Location:
Los Angeles, CA
Loan Amount:
n/a
The terms all-natural, paleo and frozen-food aisle aren’t normally found together. But whole-foods evangelist Angela Bicos Mavridis has set out to make that the norm at major retailers that you may regularly frequent. Mavridis is the owner of Tribalí Foods ...
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Burke Mercantile

Burke Mercantile
Microlender:
CDC Small Business Finance
Impact:
Financing used to purchase inventory and for advertising and marketing for her new business.
Location:
Long Beach, CA
Loan Amount:
n/a
Over the course of eight years, Maggie Stoll lived out her dream of working in the clothing business as a visual merchandiser and store manager for a well-known, fast-fashion brand. But as Stoll got older, her focus shifted toward wearable ...
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Wash My Dog Grooming Service

Wash My Dog Grooming Service
Microlender:
CDC Small Business Finance
Impact:
Start-up costs to open and refinancing high-interest credit card debt.
Location:
Lakeview Terrace & Van Nuys, CA
Loan Amount:
n/a
Excited about providing a convenient, high-quality grooming business for dog owners in their area, Andrea and Terryl decided to open Wash My Dog in 2019. Andrea and Terryl had some of their own savings to invest in their new small ...
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MMELO

MMELO
Microlender:
Economic & Community Development Institute
Impact:
Loans for a pop-up business and a new facility employing 3 FTE workers
Location:
Columbus, OH
Loan Amount:
$25,000
MMELO is a Columbus-based, woman and minority owned small business dedicated to all natural, artisanal sweet treats and pastries. Michelle Allen was born and raised in Columbus, Ohio, and was a business owner in Spain before moving back to her ...
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Servexo

Servexo
Microlender:
CDC Small Business Finance
Impact:
Capital help expand a small business and secure a new contract
Location:
Gardena, CA
Loan Amount:
$30,000
John Palmer describes himself as a “natural protector.” The eldest of 4 siblings, he was challenged everywhere he lived. So when this disabled veteran left the Army, starting a security business seemed the natural thing to do. Three years after ...
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Karl’s Cuisine & Superior Coast Brewery & Winery

Karl’s Cuisine & Superior Coast Brewery & Winery
Microlender:
Northern Initiatives
Impact:
Microloans for a new startup catering business and restaurant
Location:
Sault Ste. Marie, MI
Loan Amount:
$49,000 & $10,000
Karl began his foray into the restaurant world at age 15, when he began an apprenticeship with a five-star chef. He has worked in a country club and eventually established a catering and home delivery service in the small, rural ...
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Early Success Academy

Early Success Academy
Microlender:
Colorado Enterprise Fund
Impact:
A new childcare business and facility supporting 16 staff and 110 children.
Location:
Denver, CO
Loan Amount:
$10,000
As an elementary school principal working in the sprawling Montbello neighborhood of Northeast Denver, Diana Gadison saw a lot of things happening with her students on a daily basis. What she often noticed were children waiting alone outside for long ...
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RL Commercial Systems

RL Commercial Systems
Microlender:
Access to Capital for Entrepreneurs
Impact:
Startup capital for a new, rapidly growing business
Location:
Atlanta, GA
Loan Amount:
$23,000
b Landers grew up in St. Louis and majored in sports medicine at the University of Kansas. While he was in school, he made pocket money by cleaning dorms and student apartments. A job with the Spirit Group brought him ...
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