South Central Kansas Economic Development District, Inc. “SCKEDD”

ANNUAL MEETINGApril 28, 2011

Total Projects Funded April 1, 2010 through March 31, 2011

  SBA 504SBA 7(a) /

ARC

SBA Micro/NWK/ E-Comm. RLF

IRP / RBEG CDBG-ED

CDBG Micro / RBDTC

Number of Projects 2 10 37 10 4 1 10

Total Project Amount $181,500 $6,889,600 $655,668 $672,000 $71,000 $476,725 $165,520New or

Retained Jobs 12 239 188 141 57 15 32

• Small Business Administration Microloan Program

• USDA Rural Microenterprise Assistance Program

• Rural Business Development Tax Credit Program

• Network Kansas and E Community Programs

$35,000 SBA Microloan

House of BeautyDerita StrongWichita, KS

Equipment, Inventory, Site Improvements,Working Capital

RBDTC $9,000Network KS RBEG $9,000Hillsboro E Community $27,000SBA Microloan $5,200Network KS Start Up KS $7,800

Total $58,000

Olde Towne RestaurantBrenda and David McGinnessHillsboro, KS

Equipment, inventory, site improvements, working capital

$29,000 SBA MicroloanTwist Inc.Shelly StilgerWichita, KS

Working capital

RBDTC $48,020Sterling Alden E Community $45,000

Total $93,020

($23,520 of the RBDTC funds raised by Sterling / Alden and reserved for E Community Match)

Jeremy’s Paint and BodyJeremy and Amy KroekerSterling, KS

Building construction and equipment

$42,750 RMAP$14,250 RBDTC

Total $57,000

Bentley Corner Bar & GrillJanice and Scott GriffinBentley, KS

Building purchase

$15,000 RMAP$5,000 RBDTC

Total $20,000

Capable Hands, Inc. dba Releaf LandscapesSharon ScottSouth Hutchinson, KS

Working Capital

• KS Dept. of Commerce Neighborhood Stabilization Program “NSP”

• KS Dept. of Commerce “CDBG-ED”

• EDA Revolving Loan Fund “RLF”

• USDA Intermediary Relending Program “IRP”

• Small Business Administration 504

• Small Business Administration 7(a)

NSP

531 S. Estelle, Wichita

“BEFORE”Purchase, Rehab and Financing Mechanisms

NSP

531 S. Estelle, Wichita

“AFTER”Purchase Price $88,000

NSP

523 Old Main, Newton

Purchase lot and Redevelopment

CDBG-ED $476,725SBA 7(a) $245,275Capital Injection $30,000

Total $722,000

Tortilla King, Inc. Juan Guardiola and Robert RatzlaffMoundridge, KS

Purchase and install waste water pretreatment plant, purchase of corn tortilla line machinery & equipment and provide working capital

RLF $70,000MicroLoan $30,000

Total $100,000

Advatec , LLCDoug Hodgens and Sean ReedWichita, KS

Working Capital

RLF $125,000Bank $285,000Cap. Inj. $106,517

Total $516,517

Fairchild Interiors and Design, LLCBob and Jan ColvinWichita, KS

Leasehold Improvements and Working Capital

504 $120,000Bank $167,0007(a) $123,550Cap. Inj. $113,600

Total $524,150

Woydziak HardwareJason Huddleston and John JohnsonLyons, KS

Purchase existing business including building, equipment and inventory

SBA 7(a) $350,000

Gaslamp GrilleWhitney VinZantWichita, KS

Leasehold improvements, equipment and inventory