U.S. Small Business Administration Mid-Atlantic Regional Administrator Natalia Olson-Urtecho celebrated the success of veteran-owned small businesses in observance of Veterans Day at Yurchak Printing, Inc. Wed., Nov. 6, 2013. Olson-Urtecho highlighted how local veteran-owned small businesses may be able to benefit from SBA programs to start businesses and create jobs like Yurchak Printing, Inc., a veteran-owned business which obtained a $1.2 million 504 loan in 2011, through SBA lending partners EDC Finance Corporation and Metro Bank, to refinance its building and equipment as well as to acquire another firm.
"It’s great to be able to recognize veteran-owned businesses. At SBA we understand how much our nation’s veterans have given during their service and we are honored to serve them," Olson-Urtecho said. “Small businesses are absolutely vital to our region’s economy as well as our nation’s economy. Veteran-owned small businesses like Yurchak Printing, Inc. are exactly what SBA’s mission to help small businesses start, grow and succeed is all about."
“We worked through our local economic development corporation, the EDC Finance Corporation, an SBA Certified Development Company. We found the experience to be very workable and efficient. They were knowledgeable about the process making it easy to work with them to get the SBA-backed loan in place,” said company CEO John Yurchak, Jr.
Yurchak Printing, Inc., the small batch printing firm which printed the Bibles used by President Barack Obama as gifts for his inauguration, was founded by Yurchak, Jr. in 1998 to fulfill a need brought about by the digital age. Today the company is a leader in digital short-run book manufacturing, specializing in solutions for the production of directories, periodical and journals, reference books, fine edition and illustrated books, bibles, children’s books, bound galley’s and university press books. In 2011, Yurchak Printing began servicing the clients of Odyssey Press, Inc. and the combined company is a leader in the book, journal and article reprint marketplace, continuing to create innovative solutions to offer high quality, short-run digital book manufacturing services to the publishing industry, manufacturing and service companies, professional associations, government agencies, colleges and universities.
"For small businesses looking to start or grow, an SBA loan may be able to help. The SBA 504 loan program reduces the risk, which means SBA lending partners are more likely to help small businesses obtain a loan," said David Dickson, District Director for SBA's Philadelphia District Office.
“We’ve assisted Yurchak Printing several times over the years, as John Yurchak has worked to transition the company to meet the needs of the ever-changing printing industry. We are proud to have helped him with his most recent SBA 504 loan and that the SBA has chosen to recognize him for his contributions to the country and to economic development in Pennsylvania,” said Lyle D. Hosler, Vice President of EDC Finance Corporation.
SBA's district offices serve every state and territory in the United States and SBA works with its local resource partners – SCORE, Small Business Development Centers, and Women's Business Centers – to provide technical business counseling to entrepreneurs at every stage of small business development. Visit www.sba.gov for more information.
SBA’s 2013 National Small Business Exporter Of Year for Eastern Penn., Mid-Atlantic Region and Nation
Zeigler Bros., Inc.: SBA Programs Lead To Innovation, Exports
U.S. Small Business Administration Philadelphia District Director David Dickson, Matthew P. Zeigler and Timothy M. Zeigler with Regional Administrator Natalia Olson-Urtecho.
Recognized as SBA’s Eastern Pa., Mid-Atlantic Region and National 2013 Small Business Exporter of the Year, Zeigler Bros., Inc. knows the importance of exporting to its bottom line and the usefulness of SBA programs and
resource partners in reaching those markets.
Now in its third generation of family-owned leadership with Dr. Thomas R., Timothy M. and Matthew P. Zeigler, the company, founded in 1935, continues to develop new and innovative technologies for specialty feed, focusing on aquaculture, pet, zoo and laboratory animal feed for bio-medical research.
“Zeigler Bros., Inc. has worked with the SBA and Kutztown SBDC for more than 16 years for assistance in areas as diverse as trade barrier issues to export finance resources, market analysis and even translation of some of our literature into Turkish,” said Timothy Zeigler, Vice President of Sales and Marketing. “We have enjoyed and benefitted from our partnership with them and hope to continue many years into the future.”
The firm’s East Berlin, Pa. facility manufactures more than 300 products and exports to over 40 countries around the world. Funding through SBA’s Small Business Innovation Research grant helped the company study the nutritional requirements of newly hatched marine finfish while exploring creative manufacturing methods for live feeds.
“Ziegler Bros. has skillfully utilized public services to support its export effort and research efforts, relying on US Export Import Bank insurance to cover cross border risks, SBIR grants from the U.S. Department of Agriculture, Pennsylvania Center For Trade Development grants and the Market Access Grant program of Food Export USA,” said Martin Brill, Kutztown University Small Business Development Center’s Program Manager for International Trade. “Based on more than 16 years of working with them, I am honored to have nominated them and proud to see them recognized as Exporter of the Year.”
SBA plays an important role as the coordinating agency for the SBIR program. It directs the 11 agencies' implementation of SBIR, reviews their progress, and reports annually to Congress on its operation. SBA is also the information link to SBIR. SBA collects solicitation information from all participating agencies and publishes it quarterly in a single source for the topics and anticipated release and closing dates for each agency's solicitations. For more information on the SBIR Program, please visit http://www.sbir.gov
SBA’s Eastern Pennsylvania small business awards, including “Small Business Exporter of the Year,” are awarded to a nominee in Pennsylvania’s eastern 40 counties, while regional winners are selected from the seven districts across the states of Delaware, Maryland, Pennsylvania, Virginia, Washington, D.C. and West Virginia. National award winners are selected from the regional winners from across the country. These events are local observances of the annual Presidentially-designated National Small Business Week. National Small Business Week recognizes the small business community’s contribution to the American economy.
"This has been a great year for the region for exporting and it’s an honor to recognize the accomplishments of our small business communities,” said Mid-Atlantic Regional Administrator Natalia Olson-Urtecho at SBA’s Eastern Pennsylvania “SBA Day at the Ballpark” Small Business Week awards event on June 5, 2013. “Zeigler Bros. is an excellent example, having also won on the national level, of a small business that succeeds and remains competitive in a global market.”
SBA-Backed Woman-Owned Small Business Expected To Create 20-25 Jobs With Help From SBA-Guaranteed Loan
Natalia Olson-Urtecho, SBA Mid-Atlantic Regional Administrator and Leena Patel, Owner, York Goddard School at the grand opening event with John Banks, Lead Business Development Specialist, SBA Philadelphia District Office, Joe Schumacher, CEO of the Goddard Systems, Inc., Dzana Homan, COO of the Goddard Systems, Inc. and Thomas Blackburne, VP of SBA lending at TD Bank
U.S. Small Business Administration Mid-Atlantic Regional Administrator Natalia Olson-Urtecho celebrated Women's History Month by attending the groundbreaking ceremony for a Goddard School in York, Pennsylvania expected to create 20-25 jobs Thursday, March 14, 2013.
"At SBA, celebrating Women's History Month includes reflecting on the important role women business owners play in our economy and why support for women-owned small business ownership is so important here in the Mid-Atlantic region. In fact, women-owned businesses like Lena Patel's Goddard school here in York represent one of the fastest-growing segments of the economy," Olson-Urtecho said.
At the site of the future Goddard School, Olson-Urtecho highlighted how local women-owned small businesses like Patel's – who leveraged SBA lending program assistance for the construction financing, permanent mortgage and working capital through SBA lending partner TD Bank – may be able to benefit from SBA programs.
"For small businesses looking for a way to finance growth, an SBA loan may be able to help. While SBA doesn't make loans directly, it guarantees a percentage of each loan made by lenders who partner with SBA," said John Banks, Lead Business Development Specialist for SBA's Philadelphia District Office. "SBA's guarantee reduces the risk, which means SBA lending partners are more likely to help small businesses obtain a loan to help them start and grow the business."
"SBA knows that business ownership is one path for women to find greater economic independence. According to the National Women's Business Council, women-owned firms grew 44% from 1997 to 2007, twice as fast as male-owned firms. There are 7.8 million women-owned businesses in the US and 88% of these are small businesses," said Olson-Urtecho.
According to Patel, Goddard Schools use the most current, academically endorsed methods to ensure that children have fun while learning the skills they need for long-term success in school and in life, learning with talented teachers who collaborate with parents to nurture children into respectful, confident and joyful learners.
"I cannot thank enough the SBA loan program, without whose support my dreams of being an entrepreneur would have never been fulfilled. I am proud to be opening a Goddard School in our neighborhood. While our school is under construction, I am committed to providing the highest quality preschool experience for the children in our community," Patel said.
SBA's district offices serve every state and territory in the United States and SBA works with its local resource partners – SCORE, Small Business Development Centers, and Women's Business Centers – to provide technical business counseling to entrepreneurs at every stage of small business development. Assistance is available on a broad spectrum of business-related topics, including: writing a formal business plan, locating sources of financial assistance, managing and expanding a business, government contracting, exporting, and disaster recovery. Visit www.sba.gov for more information.