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Philadelphia District Office Success Stories

Philadelphia District Office Success Stories

Raymond W. Roux

Raymond W. Roux, CEO, CounterTek Inc. honored  

CounterTek Inc. manufactures countertops, vanity tops, and wall surrounds in laminate, solid surface, and cultured marble for the residential kitchen and bath market.  The company's goal is to be a successful leader in customer service and establish a loyal customer following.  CounterTek Inc. was formed in 2009 by Raymond Roux, an established professional with over 20 years of experience in the countertop business. Eventually Roux saw an opportunity to open his own company. CounterTek Inc. was born out of Raymond's determination and vision for a premiere countertop manufacturing company in the local community.  Today the company employs 40 people with family sustaining incomes.

“Our company is based on the belief that our customers' needs are of the utmost importance.  Our entire team is committed to meeting those needs.  We have over 300 years of cumulative experience in kitchen counter top and bathroom vanity top manufacturing. Our vision is to provide to our customers the highest level of customer service and quality craftsmanship in the countertop industry, be a great place to work and create an environment where people enjoy doing what they know,” Roux said. “Everyone at CounterTek has a family who stands with them in good times and hard times.  Our company is committed to the families of our co-workers knowing that their sacrifice is no small measure.”

U.S. Small Business Administration Eastern Pennsylvania Deputy Director Michael Kane officially introduced Eastern Pennsylvania’s Entrepreneurial Success of the Year Raymond W. Roux, CEO of CounterTek Inc. on May 8, 2015.

“It’s wonderful to have the privilege to recognize the achievements of leading Pennsylvania entrepreneurs like CounterTek,” said Kane. “Small businesses like these are helping drive our nation’s economic recovery. SBA and our resource and lending partners, like Community First Fund, are proud to play a role in helping them start and succeed.”

In May 2010, Roux received a $100,000 SBA-guaranteed 7(a) loan from Community First Fund of Lancaster.  The 7(a) Loan Guaranty Program is the SBA’s primary business loan program, accessible through a multitude of participating lending institutions. It is the agency’s most frequently used non-disaster financial assistance program because of its flexibility in loan structure, variety of uses for the loan proceeds and availability. The program has broad eligibility requirements and credit criteria to accommodate a wide range of financing needs. In SBA’s Eastern Pennsylvania District, 1,171 7(a) loans were made to small businesses for $426.4 million.

“I am very pleased to nominate Ray Roux and CounterTek Inc. for SBA’s Entrepreneurial Success award,” said Daniel Beck, Vice President of Community Lending, Community First Fund. “Ray has the true spirit of entrepreneurship. Ray and his wife Kim put every penny they had into forming CounterTek and making it a reality. He started the company completely from scratch and hired his former coworkers as employees. Ray succeeded with CounterTek due to his pure drive, desire, experience, and connections. He came to Community First Fund for financial assistance with forming the new company.  Due to Ray's hard work and determination with CounterTek, the company has grown from one employee to 39 full-time employees and two part-time employees.”

Community First Fund’s mission is to create sustainable prosperity for low wealth communities and individuals, especially underrepresented populations, by aligning capital, knowledge and advocacy to advance business ownership, housing and community development in the communities it serves.  Community First Fund was founded in 1992 by economic development leader James W. Hyson and a faith-based coalition of community leaders who recognized the need for capital to provide opportunities for the revitalization of cities and neighborhoods.  Community First Fund has more than 23 years of experience in providing loans, business training, new market tax credits and one-on-one counseling to entrepreneurs of all sizes, affordable housing and commercial real estate developers, non-profits and community groups in under-served communities in 13 counties of central Pennsylvania. Community First Fund is a Community Development Financial Institution (CDFI) and SBA guaranteed lender.

SBA’s Eastern Pennsylvania Entrepreneurial Success of the Year award winner is selected annually from among nominees located across Pennsylvania’s eastern 40 counties. 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.