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Borrower Success Stories

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Read stories about some of Self-Help's most successful 504 borrowers

Pembroke Hardware: "We had three different financing options to consider but realized we needed to use the SBA 504 program to make the deal feasible." Lindsay Locklear, General Manager
Bright Beginnings Christian Center: This childcare center is meeting the needs of the Goldsboro community by offering smaller teacher-to-child ratios, more equipment, and a nurturing environment.
Summit Physical Therapy: husband-and-wife team Paul and Lisa Arsenault opened a business to help people in their Black Mountain, N.C., community overcome spinal and other physical ailments.
Carolina Mattress Guild: “The fire that nearly destroyed our plant was horrible tragedy we barely survived, but something like that makes you really go back and work hard. Using an SBA 504 loan to finance our new building was key to our recovery” -- Neal Grigg, President
Shimar Recycling: Conserving Natural Resources One Small Business at a Time: In 1997 recycling educator Meredith Marley was only in her mind-20s and had no thoughts of becoming a business owner. She now heads up Shimar Recycling, a non-hazardous waste recycling coordinator in Durham, NC, that has grown eightfold during her leadership.
Ashtae Products Inc.: This wife and husband team launched Ashtae Products over ten years ago by taking out an SBA 504 loan, a mortgage on their house and even borrowing from loyal customers.
Encore Sporthorse Dressage Training Center: “My business has doubled. I have 15 horses in full training now, which is a phenomenal increase in business due to the quality of facility we were able to buy. --Susie Wiedman, Owner
City Cafe & Unique Systems: This SBA 504 loan helped transform an eyesore into a small-town anchor and sparked a retail renaissance.
German Motor Werks of Asheville: “We're gaining on average about one new customer per day, which is terrific.”" -- Scott Spence, Owner & Lead Mechanic
Native Angels Home Care: “A lot of people said we wouldn’t make it – ‘it’s a fly-by-night operation’ – but we’re flying high now.” -- Lesa Jacobs, Native Angels
The Fila Academy: “Our philosophy is that when you hit a roadblock in the way of a worthwhile objective you can either look for an escape or a solution. We found our solution in the SBA 504 loan program.”