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Small Business Administration tours Lancaster

by Tara Giles
Sports reporter - Coos County Democrat and Berlin Reporter

Last week the Small Business Administration toured several businesses around Lancaster. Here the group is pictured here visiting Polish Princess owner Magda Randall. (Photo by Tara Giles) (click for larger version)
October 10, 2018
LANCASTER — Last week, members of the U.S. Small Businesses Administration's (SBA) New Hampshire District Office visited Lancaster as part of a North Country Small business summit.

The SBA is the only real resource for small businesses that has the financial support of the federal government. The group champions for entrepreneurs and small business owners with the support that they need to start or expand an already existing business. The SBA partners with several private and public organizations to make this American dream a reality for those in pursuit.

The first stop took place at Northwoods Manufacturing, owned and operated by Bill Rutherford.

Of Rutherford, members of the SBA collectively said, "Mr. Rutherford takes great pride in his craftsmanship and the ability to deliver quality products to local homes and businesses and appreciates all of the help he received from the SBA programs including several guaranty loans with our lending partner, Passumpsic Savings Bank, and technical assistance from our resource partner, NH Small Business Development Center."

The Polish Princess located on Main Street and owned by Magda Randall was the next stop on the tour. Randall has also benefitted from the SBDC.

A spokesperson for the SBA said, "Nestled inside a historic building Ms. Randall manages a small café that serves daily lunches and a variety of homemade pastries and bread."

The tour included SBA District Director, Greta Johansson and her team Rachael Roderick, Miguel Moralez, and Cheryl Croto, along with SBDC advisors Stewart Gates and David Boynton. Sarah Desrochers of Passumpsic Bank was also in attendance.

Johansson addressed the group, "We are excited to be part of a collaborative team of economic development organizations across Coos County that will assist small businesses in communities like Colebrook access the capital and technical assistance they need," Johansson went on to say, "Businesses that are aware of the resources available to help them start, grow, or expand are much more likely to succeed and take advantage of economic opportunities."

Of Lancaster, Johansson said, "We are proud to be able to work with our lending and resource partners like Passumpsic Savings Bank and New Hampshire Small Business Development Center to help businesses like Northwoods Manufacturing and The Polish Princess Bakery start and grow and be part of the Lancaster economy and community. We look forward to working more closely with our partners in town to bring education and resources to encourage more small business activity in the coming months."

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