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SOURCE U.S. Small Business Administration
Climbers include lenders from SunTrust, VantageSouth, BEFCOR and Self-Help
Bankers Climb to New Heights
CHARLOTTE, N.C., April 28, 2014 /PRNewswire-USNewswire/ -- SBA North Carolina District Director Ms. Lynn L. Douthett will participate in an indoor rock climb with the 2014 NC Small Business Persons of the Year, Andrew Kratz and Joel Graybeal, owners of Triangle Rock Club (TRC) to celebrate their award.
Also climbing will be representatives from SunTrust Bank, VantageSouth Bank and SBA Certified Development Companies BEFCOR and Self-Help.
"SBA and our lending partners help small businesses reach new heights!!" said SBA District Director Lynn Douthett. "Access to capital is crucial to job creators and community builders like TRC."
The SBA has assisted TRC in their climb to success with funding through the SBA 504 and 7(a) loan programs. With the help of three rounds of SBA funding totaling over $5 million they continue to expand. TRC has two locations, one in Morrisville and one in North Raleigh. They are currently expanding the Morrisville facility. Once complete, it will be the largest and tallest climbing gym in five states.
During Small Business Week, May 12-16, 2014 Kratz and Graybeal will be competing for the title of National Small Business Persons of the Year during the celebration in Washington, D.C.
WHO: SBA North Carolina District Director Lynn L. Douthett
Andrew Kratz & Joel Graybeal, Managing Partners, Triangle Rock Club
Ann Nonemaker, Senior Vice President, SBA Lending, SunTrust Bank
Louis Rogers, 504 Business Development Officer, BEFCOR
Heidi Whitesell, SBA Business Development Officer, VantageSouth Bank
Justin Tart, Self-Help Ventures Fund
and other representatives from SunTrust and VantageSouth
WHAT: Indoor Rock Climb with SBA District Director and SBA Lenders
WHERE: Triangle Rock Club
102 Pheasant Wood Ct,
Morrisville, NC 27560
WHEN: 2:00 PM – 3:30 PM (Remarks, Facility Tour and Climb)
Thursday May 1, 2014
Media interviews available
Advisory Number: MA 14-03
Contact: Mike Ernandes (704) 344-6588
Internet Address: http://www.sba.gov/nc
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