2013 highlightsmcidcweb.com/files/files/reports/2013/board.pdf · kiddie academy of webster • sba...
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2013 HighlightsNew Programs
Helmets to Hardhats
awarded $21,000 to 14 Veterans
$1,500 bonus to Veterans who successfully complete trade apprenticeship programs through collaboration with unions
50th Year Anniversary Loan
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19913 Loans$3,000,000
200170 Loans$20,549,416
200688 Loans
$23,339,457
2013110 Loans
$33,484,610
SBA Portfolio Growth
SBA Portfolio Quality Over 93% of loans rated lower risk
2013 Highlights
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SBA 504s Closed
Projects 9
Investment $11,235,000
SBA 504 Advanced $4,308,000
Jobs at Application 247
Projected New Jobs 51
2013 Highlights
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201215 Projects$568 million issued
201320 Projects$954 million issued
Bond Portfolio2013 Highlights
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Other Investments in the Community to Date
GreatRates $4,370,160
GreatRebates $794,000
Monroe Manufactures Jobs $87,000
Manufacturing Rewards $91,000
TOTAL $5,342,160
2013 Highlights
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Eye Works, Inc.• Monroe Manufactures Jobs Loan Plus $37,900
• Total project cost $379,000
• Purchase and install digital lens grinding & finishing equipment
• Jobs - 7 FT/2 PT
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Impact Print Solutions• SBA 504 $102,000
• Total project cost $242,000
• To purchase and renovate industrial building
• Jobs - 6 FT Propose to create 2 new jobs
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Kiddie Academy of Webster• SBA 504 $165,000
• Total project cost $450,000
• Purchase and renovate vacant building for a day care center
• 1st Kiddie Academy franchise in the area
• Create 8 new jobs
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SMP
• Acquisition of a 24,000 square foot building
• Total investment $2.1 million
• Jobs at Application - 46
• Current Jobs - 62
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Advanced Coating Service LLC
• Equipment Purchase
• Total Project Cost $1,150,000
• Jobs at application – 4 FTE
• Current Jobs – 6 FTE
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BVR Construction, Inc.
• New Building Construction
• Total Project Cost $750,000
• Jobs at application – 11 FT
• Current Jobs – 13 FT
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Judy Seil Director of Planning & Development 753-2020
Lydia Birr Economic Development Specialist 753-2018
Sharon Keefe Economic Development Specialist 753-2023
50 West Main StreetSuite 8100Rochester, NY 14614585.753.2000Fax: 585.753.2028monroecounty.gov