HMS Technologies Inc.
Harry Siegal, a Service-Disabled Veteran Small Business Owner, used lessons from his military background to create his company, HMS Technologies, Inc. The company provides IT systems through commercial and government contracts. Its staff of more than 175 employees is comprised almost entirely of veterans. To date, the company has completed over $15 billion in contracting projects.
When HMS was in the early stages of growth, they needed funding to cover the payroll for their twelve employees. The company received its first SBA-guaranteed loan in 2005 for $200,000. Its second SBA-guaranteed loan helped the company move out of Siegal’s basement and into new office space.
Recently, the company has received multiple contract awards including a contract with the Department of Health and Human Services to provide Continuity of Operations Planning, a contract with the Department of Veterans Affairs for nearly $15 million each year, and U.S. Patent and Trade Office contract for $6 million annually. HMS Technologies was ranked first among the Top 50 Privately-Held Businesses in West Virginia in 2010.