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2016 SBW Award Winners Named

Release Date: 
Thursday, April 21, 2016
Release Number: 
16-07
Advisory Date: 
Thursday, April 21, 2016
Contact: 
PDXHelp@sba.gov

 

Release Date: April 21, 2016

Contact:  PDXHELP@SBA.GOV (503) 326-2682

Release Number: 16-07

Internet Address: www.sba.gov/or

#DreamSmallBiz @SBAGov

 

SBA Portland District Office Hosts 2016 Small Business Week Awards Luncheon

Five Star Guitars Owners named Oregon Small Business Person(s) of the Year

PORTLAND, Ore.  – Each spring the U.S. Small Business Administration recognizes small businesses across the country during National Small Business Week (NSBW). This year the Portland District Office will honor the owners of Five Star Guitars as Oregon's Small Business Persons of the year, and award winners across a range of competitive categories. The flagship SBA local event will be a luncheon on May 03 at the Eastside Exchange Ballroom.

Event details at: http://sbw-2016.eventbrite.com

“We are excited to recognize small business owners, champions of small business, and the lending community members, who work to encourage small business growth all year-long,” said District Director Camron Doss. “This is a great time to thank small businesses, share in their successes, and celebrate those who lend support along the way.”

2016 SBW Award Winners by category:

  • Small Business Person(s) of the Year – Geoff Metts, Jeremie Murfin, Johnpaul Simonet, Five Star Guitars (Hillsboro, Ore). Since buying the business in 2012, Five Star Guitars has produced double-digit sales growth annually. “Our goal has been to create the best place for musicians to shop, and the best place for our employees to work,” shared Geoff Metts. Owners worked through the Portland Community College Small Business Development Center Retail Management Program to bring their business management skills to a level matching their passion for the music industry. Learn more about Five Star Guitars at SBA.gov/OR
  • Small Business Exporter of the Year – Matt Thomas, Brew Dr. Kombucha (Portland, Ore). Brew Dr. Kombucha continues an aggressive growth trajectory and is growing its company footprint in Canada’s conventional grocery channels. Small Business Development Center assistance and an SBA loan guaranty have both been ingredients contributing to Brew Dr’s success, and eventual rise to the third largest kombucha producer in the nation.
  • Community Impact Award – Casey Stroupe, S & H Logging Co. This family-owned business grows with the times, over the years expanding from traditional logging revenue to yard debris recycling/supply, and most recently farm-to-buyer fresh eggs and meat products. S & H employs 85 people now, and offers generous support to local community causes—through donations and employee involvement. An SBA loan guaranty helped facilitate S&H with land acquisition and development project.   
  • Small Business Spirit Award – Brandon Vaughn, All-Clean Property Maintenance, LLC (Troutdale, Ore). All-Clean President, Brandon Vaughn took over management of the company in 2011, when his father could no longer continue in that role due to health concerns. For 35 years, the company was a home-based business with a single service van. Now All-Clean has expanded to a warehouse with 3 vans and 3 trucks, and grown their web presence. With one-to-one business counseling from advisors at the Mount Hood Small Business Development Center, All-Clean is primed to see another growth year with strategic reinvestment in company assets.

Small Business Champion Awards are presented to individuals or organizations that promote, assist and aid small business:

  • Small Business Champion – Amy Pearl, Hatch Innovation (Portland, Ore).

Amy Pearl, Executive Director of Hatch Innovation, is an advocate for local investment in small businesses and startups through public offerings. Ms. Pearl spearheaded the development and adoption of Oregon’s new intrastate crowdfunding law in collaboration with state leaders. From this, Hatch Oregon—a new state initiative to support the development of compliant public offerings has issued forth, affording over 250 local investors the opportunity to invest nearly $400,000.

  • Small Business Development Center (SBDC) of Excellence and Innovation – Steve Curley, Director, Central Oregon Community College SBDC (Bend, Ore). In 2015, the Central Oregon SBDC team made great strides in exceeding counseling goal targets by 112 percent, serving 79 individual long-term clients, and topped capital assistance goals by 303 percent, connecting companies to $2.1 million in capital infusion. Information about upcoming classes and success stories of companies that have worked with the COCC SBDC can be found at: <bizcenter.org/locations/bend/success-stories>.

Small Business Lending Awards presented to leading SBA Lenders:

  • 7a Lender of the Year for Loan Volume – U.S. Bank. U.S. Bank guaranteed 298 loans, nearly 27 percent of the total 7a loans in the district during fiscal year 2015.
  • 504 Lender of the Year for Loan Dollar Volume/Loan Volume – Evergreen Business Capital. Evergreen Business Capital guaranteed $20 million through 42 separate loans.
  • Portland District Lending All-Stars – SBA Lenders that guaranteed at least $10 million and/or 20 loans.
    • Bank of the Cascades – $14.5 million, 33 loans
    • Bank of the West - $13.6 million, 15 loans
    • Banner Bank, $14.5 million, 45 loans
    • Columbia State Bank - $17.8 million, 45 loans
    • Evergreen Business Capital - $20 million, 42 loans
    • JPMorgan Chase – $5.8 million, 51 loans
    • Key Bank - $12.4 million, 52 loans
    • Live Oak Banking - $35.5 million, 27 loans
    • Pacific Western Bank, $14.8 million, 13 loans
    • U.S. Bank - $44.8 million, 298 loans
    • Umpqua Bank - $29.2 million, 22 loans
    • Wells Fargo - $43.9 million, 176 loans

The Small Business Week luncheon also recognizes the leading SBA Lenders (above) who provide the capital small businesses need to grow and succeed. In the Portland District, there have been five record years of lending following the Recession. In fiscal year 2015, lenders delivered $463 million in supported SBA loan deals, topping the previous record year of $449 million in supported loan deals. The lender awardees are representative of the more than 60 qualified lenders in Oregon.

For more information about SBA tools and programs, visit the Portland District Office webpage at www.sba.gov/or.

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