Articles

Small-biz loan approvals for June

SBA loan guarantees for the month of June. These businesses have received loans from financial institutions with a guarantee
from the SBA. Not all funds are disbursed immediately, and some approved loans are subsequently canceled.

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Earle Travel Co. perseveres despite flu scare, recession

Earle Travel Co. has been weathering challenges as the recession has deepened and H1N1 influenza spiked
earlier this year. Those problems have nearly capsized many travel agencies, but co-owner Kelly Shea said Earle’s business
slumped only 8 percent last year.

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Candle company cooks up products with a ‘green’ twist

After working in retail management for four years, Rich and Jodi Scheve decided to take business into their own hands—and
their own garage. Passing on business plans for Subway and South Bend Chocolate Co. franchises, the couple
skirted heavy franchise fees and started Twisted Wick Candle Co.

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Seniors are nation’s fastest-growing group of entrepreneurs

For four decades, Jim Ashby worked as a manufacturing floor manager, first for General Motors Corp., then, after a buyout,
for an Ingersoll Rand subsidiary. He likes to relax and fish, but Ashby considers himself too energetic for retirement. He’s
now 67 years old. And a first-time entrepreneur.

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Cats, dogs just too ordinary for exotic-animal veterinarian

Clad in iguana-patterned medical scrubs, Angela Lennox moves quickly around the clinic laboratory, administering barium to
a ferret and ordering a guinea pig X-ray. From there, she moves to an exam room, taking blood from an unruly bird and diagnosing
an injured pet duck—all in the span of about 30 minutes.

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No. 7 Salon & Spa lets stylists go solo

With an interior-design overhaul in 2004 and a business plan restructuring last year, Gina and Tina LaGrotte’s No. 7 Salon & Spa near downtown would be aesthetically and economically unrecognizable to their late father.

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SBA loan approvals for May 2009

Small Business Administration loan guarantees in May. These businesses have received loans from financial institutions with a guarantee from the SBA.

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Hoosier named to lead CDC trade organization

Jean Wojtowicz, executive director of the Indiana Statewide Certified Development Corp., has been elected to chair the National
Association of Development Companies, or NADCO, board of directors.

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Irvington rolls out $1.2 million promotional campaign

In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood’s recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.

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