Spotlighted Projects and Industry Updates
Right Way Medical is a medical supply company that provides disposable medical supplies and infusion pumps to home infusion companies and long term care pharmacies. The company was started in 2014 by owner Josh Prati and was one of the 2017 Honorees in the Columbus Business First’s annual Fast 50 awards program that highlights 50 of […]
The Columbus Dispatch recently highlighted the work of twenty five Everyday Heroes of Central Ohio. Among them was OSDC borrower Carol Haynes, director and owner of the Kiddie Academy of Reynoldsburg. Carol and her husband, Roy, opened the preschool and daycare center in December of 2011 and have since expanded with an additional center in […]
Future Polytech, Inc. is a manufacturer of plastic film and bags for a variety of commercial and industrial applications. Founded in 2011, Tony Durieux started the company to supply plastic film and bags to another of his companies, ALNI, LTD. Future Polytech first utilized the Ohio 166 Regional Loan program to finance the purchase of the […]
Irving Equipment, LLC (IE), is a family owned assembler, fabricator, and manufacturer of heavy equipment located in Tiffin, Ohio that was originally established in 2003 by Joe and Kaye Irving. The company manufactures, sells, repairs, and services concrete pump trucks and truck-mounted cranes in all 50 states and Canada. In November of 2015, Irving had […]
Healing Hearts will have more room to expand and continue its battle against Opiod Addiction, thanks in part to an SBA 504 loan from OSDC and Richland Bank. You can find out more about how Healing Hearts is benfiting the lives in Mansfield, Ohio here.
Advanced Biological Marketing was recently awarded a Small Business Innovation Research grant from the National Science Foundation to develop a new class of biorational chemicals. Advanced Biological Marketing was both an SBA 504 and an ODSA 166 borrower. Read more about the award here.
Don’t forget that the 504 Loan Program can now participate in projects that are 100% Refinancing of RE and M&E
Five Important Facts about the 504 Refinance Program Multiple business loans can be combined but one must have originally been for business real estate or equipment. The business must be two years old. All refinanced loans must have been current over the last 12 months Cash can be taken out to be used for operating expenses […]
Northstar Café is a fast, casual restaurant that uses certified organic foods and ingredients and makes sauces and breads from scratch on site. Brothers, Kevin and Darren Malhame, jointly own Northstar Café that was founded in 2003. Organic Trails Café, LLC (Northstar Café’s parent company) has experienced strong growth since inception and currently operates seven […]
UMD Automated Systems is located in Fredericktown, Ohio. They recently broke ground on a new engineering office addition to their current facility. Unique Metal Designs has been creating mechanical systems for material handling and manufacturing since they were founded in 1996 by Don & Laura Rogers. Ohio Statewide Development Corporation was proud to partner with […]
U.S. Small Business Administrator, Linda McMahon, has learned that a path to success often starts by taking a risk “usually against the odds and against the advice of others”. Administrator McMahon recently participated in a White House panel on empowering women with United Nations Ambassador, Nikki Haley, Education Secretary, Betsy DeVos, and Seema Verma, Administrator […]