Spotlighted Projects and Industry Updates

OSDC helps businesses obtain fixed asset financing for expansion while managing their growth and navigating through changes in their industries. How did OSDC help a business in your industry? Click on a story below to find out.

The Inn and Spa at Cedar Falls, LLC

The Inn and Spa at Cedar Falls is nearly surrounded by Hocking Hills State Park in Logan, Ohio. The 75 acres of wooded and landscaped property contains twelve one-room cottages, a 3,000 s.f. barn-like structure with nine sleeping rooms, six 1800’s style log cabins and three yurts. In addition, the property includes a full service […]

New Leadership at the Small Business Administration

Last week, Linda McMahon announced that effective April 12, 2019 she would be stepping down as the Head of the SBA. President Donald Trump is expected to nominate a familiar face to fill the position. Jovita Carranza is the 44th Treasurer of the United States of America and previously served as Deputy Administrator for the […]

The Project of the Year

During this year’s annual awards ceremony, Ohio Statewide Development Corporation recognized Kiddie Academy of Reynoldsburg as its 2018 Project of the Year. Kiddie Academy opened its first childcare center in 1981 in Baltimore, Maryland. In 1992, they began franchising under the Kiddie Academy name with a developed structure of educational based curriculum with a multi-cultural […]

OSDC’s New Loan Officer

Justin Hoffee joined OSDC as a Loan Officer in December of 2018. Justin has over fourteen years of business banking experience in several roles including credit approval officer, portfolio manager, and Small Business Administration (SBA) eligibility officer. With OSDC, he originates loans and sees them through the entire approval process. Justin earned his Bachelor’s Degree […]

OSDC is Open for Business

As the partial shutdown of the federal government enters its fourth week, many have been asking how the shutdown affects OSDC operations. First, OSDC is still open for business and is actively working on new loan requests! Although the SBA is not currently reviewing new applications, OSDC continues to review new loan requests and is […]

OSDC is ringing in the New Year with 25-year fixed interest rates under 5%!

This holiday, we are grateful for all of our partners that helped make 2018 a success. Thank you to all of our customers, our lending partners, and all who have worked with us to provide great financing options to Ohio’s small businesses this year. We wish you a wonderful holiday and look forward to providing […]

Elevating Cleveland

Coast to Coast Equipment: From Scissors to Cranes, LLC was established in 2006 to sell aerial lifts for use in the construction industry. The company started out in the home of the owners, Carolyn Cahlik and Tiffany Tutin. After starting the company in 2006, the Great Recession negatively affected the construction industry causing a sharp drop […]

Wishing for a Quiet Getaway

The Wishmaker House is an upscale bed and breakfast with a full restaurant and an onsite winery in the heart of Bellville, OH. The Wishmaker House was originally built in 1890 and underwent extensive renovations in 2010. Don Van Meter and Jennifer McQuillan recently purchased the building to continue operating the eight-room bed and breakfast […]

OSDC’s New Loan Officer

COLUMBUS, Ohio – Ohio Statewide Development Corporation (OSDC) is pleased to announce that Kevin Goehring has rejoined the organization as a Loan Officer. Goehring previously served as a Loan Officer for OSDC from 2011 to 2015. Prior to rejoining OSDC, he was a commercial lender at a community bank in Central Ohio. Goehring brings to […]

OSDC Appoints Michael Kinninger as New Executive Director

Ohio Statewide Development Corporation (OSDC) announced Michael Kinninger has been hired as its new Executive Director. Effective August 31, long-time Executive Director Dianne Allen will retire after 18 years in the role. Kinninger had previously served as a Loan Officer for OSDC. Prior to working as a Loan Officer for OSDC, Kinninger was employed at […]