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In The News


Article Title Publication/Issue Date
Indianapolis urban intersection gets makeover from Nottingham Realty, Indiana Statewide CDC, First Bank Richmond and Local Initiatives Support Corp.
A real estate broker is reviving commercial buildings near downtown that have been vacant for more than two decades...
News Release - November 2012
North Meridian Hardware uses SBA 504 financing from Finance Center Federal C.U. and Indiana Statewide CDC to buy old WFYI building
As old neighborhoods north of downtown re-developed, residents and business people voiced the need for a local hardware store...
News Release - October 2012
Evansville Superbike Shop starts expansion fueled by SBA 504 loan from German American Bank and Indiana Statewide CDC
A new home for Evansville Superbike Shop is taking shape on the east side. The 17-year old motorcycle sales and service center will move early next year to the corner of Burkhardt and Morgan Avenue...
News Release - August 2012
Schaefer Technologies fills new machinery orders with temporary SBA 504 refinancing from First Merchants Bank and Indiana Statewide CDC
An influx of orders for custom machines led Schaefer Technologies, Inc. of Indianapolis to take advantage of a refinancing option available only for a short time from the U.S. Small Business Administration 504 loan program...
News Release - August 2012
Jump-N-Joey's bounces on Bloomington scene with assist from SBA 504 loan from Old National Bank and Indiana Statewide CDC
Bouncing up and down is a good thing for Bloomington's children at Jump-N-Joey's, recently opened at 108 North Curry Pike...
News Release - August 2012
3rd Quarter 2012 Portfolio News
Building a Business Team...
Third Quarter - 2012
TomKen Plastic Technologies expands with SBA 504 financing from First Merchants Bank and Indiana Statewide CDC
TomKen Plastic Technologies is expanding its manufacturing capability in Muncie by adding a larger building and new equipment...
News Release - June 2012
Jeff and Cindy Cregar open second Milkhouse using SBA 504 funding from First Merchants Bank & Indiana Statewide CDC
The Milkhouse, long a familiar Richmond landmark, continues on the comeback road...
News Release - June 2012
Indiana Community Business Credit Corp. elects board and officers
Mike Newbold of Huntington National Bank was re-elected as president of the board of Indiana Community Business Credit Corporation and Kevin Smith of KeyBank was re-elected as vice president and treasurer...
News Release - June 2012
Sassafras on Main opens in historic Bluffton home with SBA 504 funding from MarkleBank & Indiana Statewide CDC
A landmark dining destination on Bluffton reopens Monday (May 21) with a new name and new owners...
News Release - May 2012
Lynx Capital elects board and officers
Bill Mays of Mays Chemical Company, Thomas Grein of Eli Lilly & Company, and David Kretschmer of WellPoint, Inc. were elected to the top positions on the board of Lynx Capital Corporation, a lender of expansion funds to minority-owned businesses...
News Release - May 2012
Fusion Gymnastics buys and renovates building in Brownsburg with SBA 504 financing from
Huntington Bank and Indiana Statewide CDC

Heather Stevens has been involved with gymnastics most of her life: as a student, competitor and teacher...
News Release - May 2012
2nd Quarter 2012 Portfolio News
Why do we do what we do?...
Second Quarter - 2012
Hunt & Sons Memorials established in Danville with SBA 504 loan from Bloomfield State Bank and Indiana Statewide CDC
It's been a warm welcome to Hendricks County for Hunt & Sons Memorials in Danville...
News Release - March 2012
New SBA 504 Refinancing Program Benefits Small Businesses and Banks
Commercial real estate lenders don't have to look far to see the impact of the recession on their local small business community...
News Release - March 2012
More than 980 Indiana companies help SBA 504 program reach $50 billion in private sales to support small business loans
A popular federal small business financing program reached a significant mile marker this week: $50 billion raised in private funds by debenture sales to support loans from the U.S. Small Business Administration 504 program...
News Release - February 2012
Miner's Collision Center relocates and expands with assistance from Huntington Bank and Indiana Statewide CDC
Miner's Collision Center has opened its new auto body repair shop in New Whiteland after 55 years on the east side of Indianapolis...
News Release - February 2012
Frazier Funeral Home commits to community with assistance from Lafayette Bank & Trust and Indiana Statewide CDC
Jason and Leslie Frazier have completed the purchase and remodeling of the Frazier Funeral Home and Cremation Services in Demotte with assistance from one of the nation's most popular small business financing programs...
News Release - February 2012
Crown Coatings expands to Fortville with SBA 504 financing from Huntington Bank and Indiana Statewide CDC
Crown Coatings LLC is moving into a newly-purchased building in Fortville. Owners Sandra and Alphonso Gibson started Crown Coatings six years ago to apply powder coatings on metal products ranging from auto components to motorcycle frames and bodies to custom rims and machine parts...
News Release - February 2012
New A & E Salvage location financed by SBA, Harris Bank & Indiana Statewide CDC
John and Tammy Arroyo built A&E Salvage and Recycling in Sullivan by taking other people's throwaways and converting them into products that can be recycled...
News Release - January 2012
1st Quarter 2012 Portfolio News
SBA 504 Refinancing Program Available Only Until September 27, 2012...
First Quarter - 2012
Knowing appraisal requirements for an SBA loan paves the way for a smooth transaction
Every loan officer wants to help navigate his or her borrower through an SBA transaction with as few bumps in the road as possible...
News Release - January 2012
4th Quarter 2011 Portfolio News
Wayne Bank & Trust Co. is the Indiana Statewide CDC Small Business Lender of 2011...
Fourth Quarter - 2011
Wayne Bank is 2011 Small Business Lender of the Year for SBA 504 loans
Wayne Bank & Trust of Richmond is the 2011 Small Business Lender of the Year named by the Indiana Statewide Certified Development Corporation...
News Release - Decemember 2011
3rd Quarter 2011 Portfolio News
Record low interest rates on SBA 504 loans are good for small businesses...
Third Quarter - 2011
Indiana Chamber Names Jean Wojtowicz Business Leader of the Year
Positively contributing to the state's economy and workforce by connecting small businesses with funding options and vital entrepreneurial advice has earned Jean Wojtowicz the Indiana Chamber of Commerce's 2011 Business Leader of the Year recognition...
News Release - November 2011
2nd Quarter 2011 Portfolio News
Alternative financing and small businesses: made for each other...
Second Quarter - 2011
1st Quarter 2011 Portfolio News
Small businesses have more debt financing options from SBA...
First Quarter - 2011
4th Quarter 2010 Portfolio News
Small business loans up for Indiana Statewide CDC in 2010...
Fourth Quarter - 2010
Andover Coils adding equipment, doubling employment
Lafayette-headquartered Andover Coils, 310 N. Earl Ave., which makes ignition coils, is growing its production capabilities and employment...
News Release - December 2010
Todd Funeral Centre & Crematory begins new generation of service with financing from SBA, Shelby County Bank and Indiana Statewide CDC
For reliability and comfort in a time of sorrow, Rush County residents have turned to the George P. Todd Funeral Home for 90 years...
News Release - November 2010
Background for President Obama's visit to Kokomo
President Obama visited Kokomo Tuesday (Nov. 23) to emphasize the success of the American Recovery and Reinvestment Act (ARRA) and its extensions, known as the Federal Stimulus Package...
News Release - November 2010
Cantwell's Marathon opens in Vincennes with financing from SBA, German American Bank and Indiana Statewide CDC
After decades of working in the Vincennes area, Charles Cantwell is putting his name on a business. Cantwell's Marathon gas station and convenience store is open near U.S. 41 in Vincennes...
News Release - October 2010
3rd Quarter 2010 Portfolio News
Federal help just in time for small business growth...
Third Quarter - 2010
Independent optic lab fights giants with technology
Bill Harding learned his way around a prescription eyeglass lab in the 1970s as a low-ranking laborer...
Indianapolis Business Journal - June 12, 2010
Lens Tech sharpens focus on new business with financing from SBA 504 loan program
LensTech Optical Laboratory, located in Greenwood, is expanding services by purchasing new machinery with partial financing from First Merchants Bank and the Indiana Statewide Certified Development Corporation...
News Release - May 2010
2nd Quarter 2010 Portfolio News
Top 10 Myths about SBA...
Second Quarter - 2010
1st Quarter 2010 Portfolio News
Lending amounts looking up: is this a trend?...
First Quarter - 2010
Charles Fleck of German American Named to Indiana Statewide CDC Southern Loan Committee
Charles L. Fleck, Sr., Regional Executive Vice President of German American Jasper is a new member of the Southern Loan Committee of the Indiana Statewide Certified Development Corporation...
News Release - March 2010
Richard Robinson of Rodefer Moss & Co. Named to Indiana Statewide CDC Southern Loan Committee
Richard Robinson, a CPA and partner at Rodefer Moss & Co., PLLC, a New Albany accounting firm, is joining the Southern Loan Committee of the Indiana Statewide Certified Development Corporation...
News Release - March 2010