Milda Oliverio has spent the past 39 years brightening the days of Bridgeport residents with her lovely flower arrangements. Oliverio’s Florist received their first SBA guaranteed loan through Bridgeport Bank over 35 years ago, which they used to purchase the infamous pink building where they are currently housed. A year later they received another SBA guaranteed loan through WesBanco, which had taken over Bridgeport Bank, to put an addition on the top of that building.
Since then Oliverio’s has thrived while providing beautiful bouquets to the community. During a “Be Sweet on Small Business” tour SBA’s West Virginia District Director, Karen Friel received the opportunity to hear how the loan made over three decades ago changed the community and life of Oliverio.
“It’s amazing to see the progression of what a lender taking a chance on a small business and a SBA loan-guarantee can do for a community,” states Friel. “Milda had a dream to own a flower shop in Bridgeport and even thirty-nine years later, she is still passionate about it.”
“With the help of the SBA and my lender, I have spent the past almost 40 years doing what I love in the community that I love,” states Oliverio.
From starting up or expanding your business to recovering from disasters, SBA loan programs are available to help your business succeed. For more information on SBA loan-guarantees visit www.sba.gov or call the West Virginia District Office at 304-623-5631.
The U.S. Small Business Administration helps small businesses start, grow, and succeed. For more information on the programs and services available through the agency, visit www.sba.gov.
This article does not constitute or imply an endorsement by SBA of any opinions, products or services of any private individual or entity. All of SBA’s programs and services are extended to the public on a non-discriminatory basis. The SBA is an independent federal agency, created in 1983, to assist small businesses start, grow, and prosper. The SBA provides financial assistance by: (1) making loans to help families and businesses recover from national disasters and (2) providing loan guarantees to commercial financial institutions for working capital (7a loans), building/land/equipment (504 loans through the Certified Development Corporations), and for exports. Through our resource partners, the SBA also offers a variety of business development program and services such as training, government contracting and export assistance. SBA resource partners include Small Business Development Centers and SCORE (Counselors to America’s Small Businesses). For information on the SBA’s programs and services contact us at 304-623-5631 or www.sba.gov/wv.