SANDUSKY, OHIO – U.S. Sen. Sherrod Brown (D-OH) today met with five Sandusky area small business owners, who benefited from recovery funding opportunities. Brown was joined by Small Business Administration (SBA) District Director Gil Goldberg to discuss how recovery funding opportunities have bolstered the region’s small business community.
“The strength of the northwest Ohio small business community is key to rebuilding our middle class,” Brown said. “Today’s event shows how critical partnerships forged between small businesses, local banks, and the SBA can stimulate northwest Ohio’s economy and protect and create jobs.”
Brown was joined by five small business owners from across the region who shared how recovery funds, SBA assistance, fee waivers, and loans from local banks helped secure their business during the economic crisis. Since the passage of the American Recovery and Reinvestment Act, the SBA reported that their number of loans to businesses the northern Ohio district has increased more than 25 percent.
Brown was joined by representatives from Buderer Drug Company, a family owned specialty drug-store Sandusky and retail store in Perrysburg; the Off Shore Performance Center, an Oak Harbor based 32 year-old boat repair business; Advanced Secondaries, Inc., a Cleveland machine shop that is a second and third tier automobile supplier; Renewable Energy Services, based in Milan, and the only company in the state to produce electricity from landfill methane; and Bacni Properties, which owns and operates Pizza Home West Restaurant in Sandusky. In addition, representatives from local banks who provided loans to the small businesses also attended the event.
As part of a statewide effort, last month Brown’s office hosted a workshop in Toledo that connected SBA officials with Ohio small businesses to provide information on accessing credit and funding opportunities from the economic recovery legislation.