Kentucky Small Business Development Center inducts 11 into Million Dollar Loan Club

LEXINGTON, KY (December 19, 2011) — KSBDC State Director Becky Naugle and Jeri Grant, U.S. Small Business Development Administration Lead Business Development Specialist, inducted 11 KSBDC employees into the 2011 Million Dollar Loan Club. 
 
The Million Dollar Loan Club is exclusive to KSBDC management consultants who help small business clients secure more than $1 million in loans to start, purchase and expand their businesses. Across the state, KSBDC consultants helped small businesses secure $64.7 million in loans during FY 2009-2010.

“It is an honor to have these consultants reach this milestone especially during this year of economic uncertainty,” said Becky Naugle, Ph.D., KSBDC State Director. “Helping our clients secure capital is one of our primary services and is extremely vital to the growth and success of small businesses.”
 
This year's recipients were:
Patricia Krausman - University of Kentucky SBDC
Lois Decker - Murray State SBDC
John Preston - Eastern Kentucky University SBDC
Michael Rodriguez - Eastern Kentucky University SBDC
Dee Dee Harbut - Central Office
Gordon Garrett - Central Office
Shawn Rogers - Bluegrass SBDC
Toni Cardell - Louisville SBDC
Carol Cornell - Northern Kentucky University SBDC
Mark Murphy - Morehead State SBDC
Michelle Spriggs - Paintsville SBDC

The Kentucky Small Business Development Center (KSBDC) is a network of 15 offices located throughout the state that help existing and start up businesses succeed by offering high quality, in-depth and hands-on services. The KSBDC is a partner program with the U.S. Small Business Development Administration SBA and is part of the University of Kentucky's Office of Commercialization and Economic Development.  Visit www.ksbdc.org for additional information on how the KSBDC can serve you.