SBA Luncheon

Showcasing Small Business Success from Across New England

Monday, September 8, 2014 11:45 am – 1 pm


Seth Goodall

Seth Goodall Web
N.E. Regional Administrator

Dave Andelman

Dave Andelman Headshot
CEO of Phantom Gourmet

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SBA Training Track and SBA Awards Luncheon are the subject of a cosponsorship with WBDC.

Reasonable accommodation for persons with disabilities will be made if requested at least two weeks in advance. Contact Pat Hoey Productions.

Cosponsorship Authorization #14-0101-108. SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a non-discriminatory basis.

Blake’s All Natural Foods – New Hampshire

Blakes All Natural Foods Logo
Blakes Promo PhotoBlake’s family farm began in 1929 when Clara Blake began farming 25 acres in Concord, New Hampshire. Under the direction of Chris Licata, Blake’s has struck the balance of remaining true to the brand’s core values while exploring – and excelling – in new sales channels. Since joining the company in 2006, Chris has taken Blake’s from a New England-only brand to national recognition. This growth was not without challenges. Early on, Licata realized the company needed capital to support this growth. Family and friends were tapped, but it wasn’t enough and at the time traditional bank financing wasn’t an option. Fortunately, two important alternative financiers in New Hampshire, stepped in to provide patient financing. By 2012 the company was “bankable” and entered into a banking relationship with Merrimack County Savings Bank, obtaining three SBA guaranteed loans.

Pranzi Catering & Events – Rhode Island

Pranzi Catering Logo
Pranzi Catering Promo PhotoFounded in 1997, Pranzi Catering & Events is the fulfillment of a dream that began back during Lisa Mattiello’s time at Johnson & Wales University in Providence. Pranzi has been aided along the way by three SBA guaranteed loans, the first of which in November 2003 for $70,000. This loan helped Lisa open up her first store front location in Providence. The next came a year later in February 2005 for $35,000 allowing Pranzi to once again expand. The third SBA backed loan came in March of 2007 and was a $25,000 revolving line of credit. All told, this line of credit has provided Pranzi with $121,017.50 worth of financing and all 3 loans are currently paid in full with no outstanding balance. Pranzi Catering & Events is on the path to continued growth and success in an industry that is extremely competitive and difficult to thrive in.

Coffee By Design – Maine

Coffee by Design LogoCoffee by Design Coffee Bean Promo PhotoCoffee By Design started as a single coffee house in Portland, Maine in 1994 opened by a husband and wife team with one part-time employee. Since that time they have grown to employ 51 people in four retail locations as well as a micro roastery which roasts over 30 specialty coffees. Coffee By Design obtained its first SBA Guaranteed loan in 1997 for $57,400. In 2013 they obtained an SBA 504 loan to expand the business even further with a project totaling roughly $2.5 million used to purchase and build out a new roasting facility, a retail space, a training area for their wholesale customers and office space for the company. Coffee By Design is headed into its 20th year of operation and with the help of their SBA 504 loan; the expansion will allow them to quadruple their roasting capacity from 500,000 pounds a year to 2 million pounds.

Express Countertops, Kitchen & Flooring, LLC – CONNECTICUT

Express Kitchens LogoExpress Kitchens Promo PhotoHitesh “Max” Kothari, a native of Rajkot, India, immigrated to the United States in 1983 to pursue a college education. In 1989 he purchased Star Hardware Store in Hartford Connecticut. In the course of operating the hardware store, he perceived a need for a business which could offer custom made kitchens, and which could provide consumers with an alternative to big box stores. In 2002, he opened the business at 3080 Main Street in Hartford, in a 50,000 square foot facility. By 2013 the business had 85 employees and had income of $14 million. Since then, he has expanded his operations to a second 50,000 square foot facility. The company has seven retail locations. Hitesh plans to open three additional retail stores in 2014, and hire 14 -15 employees, and anticipates income of $18 million in 2014.

Switchback Brewery Co. – VERMONT

Switchback Brewing Promo PhotoBill Cherry and Jeff Nieblum, Switchback Brewery Co. in South Burlington Vt., has been named the U.S. Small Business Administration’s 2014 Vermont Small Business Person of the Year. The Switchback Brewing Company is a small, locally owned and operated company located in Burlington, Vermont.

Founded in 2002, SBC has grown from a one person operation to a state of the art facility employing 18 people. What started as a mostly empty 5,000 square foot facility has expanded to a 20,000 square foot space, still at the original location in Burlington. The brewery used a series of SBA guaranteed loans to expand the facility steadily over the years. The brewery has invested roughly $4 million in expansion. The brewery continues to grow with long term financial health and stability being its primary motivation.

Golden Cannoli – Massachusetts

GoldenCannoli LogoGolden Cannoli PhotoIn the mid-1960s, Cousins Francesco Bono and Angelo Bresciani traveled to the U.S. from Argentina with a plan to learn English, start a business and live the American dream. After owning two small successful storefront bakeries, they began making cannoli shells and fillings to supply their stores. The shells became wildly popular and the cousins began producing larger quantities in a vacant building in Somerville, MA. Today Golden Cannoli has received national recognition for their handmade cannoli and fillings by some of the largest distributors and customers in the U.S. With this growth, Golden Cannoli’s 2nd generation owners, Valerie, Maria, Eric and Edwin reached out to the SBA and Kathleen Kelly at First Trade Union Bank for an SBA Express Loan in 2009 to purchase equipment upgrades and in 2013 applied for the SBA’s 504 Loan Program to purchase a new 30,000 square foot manufacturing facility. Golden Cannoli saw 38% growth in 2013 as a result of these upgrades.

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