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Success Stories

Seattle Chef Uses SBA Assistance to Grow Business and PPP Loan Keeps Business Open During Pandemic

Situation

In 2010, after spending more than a decade in the restaurant business, David Boyd lost his mother and he wanted to do something that would make her proud. David completed culinary school where he developed a passion for organic food and sustainable living. He wanted to find a better way to source foods that would positively contribute to people’s lives and wellbeing. In 2016, he took a leap of faith and started Down to Earth Cuisine, wondering if he had what it takes to be a business owner.  

Down to Earth Cuisine provides personal chef services including in-home weekly customized meal preparation service, private dinners, and cooking classes. Chef David specializes in custom menu planning with an emphasis on dietary restrictions and organic, non-GMO foods that are sustainably sourced. 

When the pandemic hit earlier this year, Chef David... Read More

Tacoma Security Company Grows into Multi-million Dollar Company with SBA Certification

Founded in 2003 by Owner/CEO Cy Oatridge in Tacoma, WA, Oatridge Security Group (OSG) provides protective armed and unarmed security staff and a wide range of security services to government and commercial entities. To keep costs down and avoid taking on debt, from 2003 to 2017 the business operated out of an office space of about 250 square feet where the three members of upper management directed work. During that time, OSG was profitable and increased employee count each year. Although OSG saw steady increases to profitability and staff each year since opening in 2003, by 2010 they were generating less than $1 million in annual revenue. Oatridge knew he wanted to grow the business by competing for government contracts and he needed a way to get his foot in the door.

Solution

In 2010 OSG enrolled in the SBA 8(a) Business Development Program, a nine-year government... Read More

Seattle Digital Stationery Company Owner Wins SBA Honors and Keeps Business Going with a PPP Loan 

Founded in 2008 out of Sam Franklin’s college dorm room at Washington University, Greenvelope.com is a paperless stationery company that offers custom animated digital wedding invitations, birthday cards, holiday cards and all types of event invitations. Franklin initially funded his startup costs by delivering pizzas and pressure-washing driveways in his community. He steadily grew his company by one to two new staff each year. Over time, he became weary of the impact rising commercial lease costs could have on his financial bottom-line. Franklin determined that he wanted to purchase an office space. Because his business was still new and operating in a relatively new industry, traditional business loans were not the right fit for Greenvelope.com.

Solution

Franklin applied for an SBA 504 Guaranteed Loan from Evergreen Business Capital, a specialized type... Read More

Bellevue Food Exporter Uses SBA Assistance to Grow Into New Markets and PPP Loan Keeps Business Going

Founded in 1975, Pacific Valley Foods distributes U.S. foods to international restaurants and grocery stores. What started as a small husband-and-wife operation with co-founders Scott and Lynn Hannah filling orders for frozen food out of their home basement has grown into a sophisticated multimillion-dollar U.S. food distribution company with offices in China, Japan, Europe and New Zealand.

Today their children John and Susan Hannah manage the business as president and senior vice president. They employ a staff of 11 and contribute significantly to supporting local agribusiness through the sale of foods produced by U.S.-based farmers and food processors.

Although Pacific Valley Foods had already achieved significant success in exporting with distribution deals in Japan, China, Australia and Europe, they were having difficulties breaking into the... Read More

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