HomeMy WebLinkAboutAgenda - 09-01-1998 - 8bORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
MEETING DATE: September 1, 1998
SUBJECT: 1998-99 SBTDC Contract
DEPARTMENT: EDC
ATTACHMENT(S):
1998-99 Contract
Action Agenda
Item # g. b
PUBLIC HEARING: Yes No_XX_
BUDGET AMENDMENT NEEDED: Yes No XX
INFORMATION CONTACT:
Margaret Cannell (ext. 2325)
TELEPHONE NUMBERS:
Hillsborough - 732-8181
Durham - 688-7331
Mebane - (336) 227-2031
Chapel Hill - 967-9251/968-4501
Purpose:
The purpose of this contract is to continue support of small business development as stated in the
Economic Development Strategic Plan as adopted May 14, 1996.
Background:
The Orange County Economic Development Commission Strategic Plan focuses on assistance to
small business. The Small Business and Technology Development Center (SBTDC) provides
significant services to local businesses. The commitment is for $10,000 to be paid in two
installments of $5,000 each. The first is to be paid on or about November 15, 1998 and the
second on or about April 15, 1999. This is a continuation of the contract Orange County has had
with SBTDC since 1990.
Recommendation:
The Manager recommends that the Board approve and execute the contract.
2
NORTH CAROLINA
ORANGE COUNTY
THIS AGREEMENT, made and entered into the day of ,
by and between Orange County, North Carolina, 200 S. Cameron Street, Hillsborough,
North Carolina, hereinafter referred to as "County" and the University of North Carolina at
Chapel Hill for and on behalf of its Small Business and Technology Development Center,
333 Fayetteville Street Mall, Suite 1150, Raleigh, North Carolina 27601-1742, hereinafter
referred to as the "SBTDC".
WITNESSETH:
WHEREAS, the on-going work of the Orange County SBTDC is consistent with
the Orange County Economic Development Strategic Plan; and
WHEREAS, the work of the Orange County SBTDC, the development of more
comprehensive small business information, and a public awareness and educational
program on the services available to small business, is an integral part of meeting the
objectives specified in the Orange County Economic Development Strategic Plan; and
WHEREAS, the Orange County Economic Development Commission, hereinafter
referred to as the EDC, has endorsed the Orange County SBTDC concept, and has
encouraged the County's support, financial and otherwise; and
WHEREAS, the EDC is an agency of the County; and
WHEREAS, economic development is an important public purpose which can be
aided by contributions of Orange County funds; and
WHEREAS, Orange County supports the Economic Development Strategic Plan,
and public-private initiatives to implement the Plan.
Now, therefore, in consideration of the above and the mutual covenants and
considerations hereinafter set forth, the County and the SBTDC agree as follows:
First, in consideration of the EDC's on-going support, the SBTDC will maintain a
regional office in Orange County. This will consist, at minimum, of the presence of three
professional staff members in the County.
Second, the SBTDC will make its general business consulting services and more
specialized services and counseling in the areas of international trade, technology
development, and government procurement (including Pro-Bid) available to small firms
and would-be entrepreneurs throughout the County. Where appropriate SBTDC will work
with specific clients referred by the EDC.
Third, one or more resources libraries will be maintained in the County and hand-
out materials will be available. The SBTDC also will provide access to specialized
3
software such as FISCAL-a loan package evaluation and spreadsheet program-and
other business start-up and assistance resources at no charge to the businesses.
Fourth, the SBTDC will continue to develop and offer with the EDC and other
sponsors a variety of training programs both for small business firms and for those who
serve small businesses (such as bankers). These will be scheduled bi-annually throughout
the term of this agreement. A specific focus during the term of this contract shall be
assistance to female and minority owned businesses.
Fifth, the SBTDC will work actively to increase public awazeness of and access to
its services throughout the County. A visitation effort will be conducted to acquaint
Orange County's employers with services that can assist them with expansion. Efforts
will be made to fully involve other agencies and resources such as Chambers of
Commerce, SCORE, the local community college, Goodwork, Self Help, and local
professional and civic groups.
Sixth, the SBTDC will provide technical assistance, business plan and loan
package preparation assistance to businesses and individuals preparing to apply for
financing from the Orange County Small Business Loan Pool.
Seventh, the SBTDC will provide the EDC with a written report within 30 days of
the close of each quarter. This will detail the program and service activities of the SBTDC
in Orange County for the quarter. The SBTDC also will provide a report of client
evaluations of services each quarter.
Eighth, the SBTDC will make its best good faith effort to continue and/or expand
the level of service in Orange County proposed under this agreement beyond the terms of
this agreement.
Ninth, in return for the foregoing, the County will pay the SBTDC $10,000 in two
$5,000 installments. The first such installment shall be paid on or about November 15,
1998, and the final payment will be paid on or about April 15, 1999.
Tenth, the EDC will actively support and promote the programs and services of the
SBTDC within Orange County.
Eleventh, the Director of the EDC will become a member of the SBTDC state-
wide Advisory Boazd, as long as this agreement is in effect.
Twelfth, the term of this agreement will be 1 yeaz beginning July 1, 1998 and
ending June 30, 1999.
Thirteenth, this agreement may be terminated at any time upon the mutual consent
of the parties or upon 90 days advance written notice by either party.
4
Fourteenth, the SBTDC authorizes inspection by the Orange County Finance
Director or his designee of so much of the books and records of the SBTDC which
document receipt and expenditure of County funds. The books and records of the SBTDC
shall be made available to the County Finance Director or his designee upon reasonable
notice.
Fifteenth, in the event that the SBTDC ceases to function or ceases to provide the
services described herein without a County approved written assignment or release by
County of its responsibilities, this agreement will, as to the SBTDC, terminate and the
SBTDC will return any moneys paid the SBTDC pursuant to this agreement.
IN WITNESS WHEREOF, Orange County has caused this Agreement to be signed in its
name by its County Manager, attested by the clerk to the Board of Commissioners, and
sealed with its corporate seal, and the University of North Cazolina at Chapel Hill acting
for and on behalf of its Small Business and Technology Development Center has caused
this Agreement to be signed in its name by its Director, Office of Research Services, and
all authority duly given, the day and yeaz first above written.
ORANGE COUNTY
ATTEST:
Clerk to the Orange County
Boazd of Commissioners
By:
John M. Link
County Manager [OFFICIAL SEAL]
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
By:
Robert P. Lowman,
Director Office of Research Services
5
NORTH CAROLINA
ORANGE COUNTY
I, ,Notary Public for said County and State, certify that
Beverly A. Blythe personally came before me this day and acknowledged that she is Clerk
to the Board of Commissioners of Orange County, and that by authority duly given and as
the act of Orange County, the foregoing instrument was signed in its name by John M.
Link, Jr., Orange County Manager, sealed with its official seal, and attested by herself as its
Clerk.
Witness my hand and official seal, this the day of , 1998.
Notary Public
My commission expires:
North Carolina
Orange County
1, , a Notary Public for said County
and State, do hereby certify that Robert P. Lowman personally appeared before me this day
and acknowledged that he is the Director of the Office of Research Services, University of
North Carolina at Chapel Hill, and that by authority duly given and as the act of the
University of North Carolina at Chapel Hill, the foregoing instrument was signed in its
name by him.
Witness my hand and official seal, this the day of , 1998.
Notary Public
My commission expires:
6
ORANGE COUNTY
NORTH CAROLINA
PRESERVATION PROGRESS PEOPLE
MEMORANDUM
TO: Boazd of County Commissioners
John Link
FROM: Mazgazet Cannell, Economic Development Commission
DATE: August 27, 1998
SUBJECT: SBTDC Contract
Attached pleased find First and Second Quarter 1998 reports from the Small Business &
Technology Development Center detailing their activity in the Central Cazolina azea. As you can
see by the reports, Orange County residents comprise a lazge portion of the SBTDC's clients.
Also attached is an excerpt from the draft "Orange County Small Business Loan Program
Operating Policies and Procedures" document. This document states that processing the
applications for the loan program `will utilize the services" of the SBTDC. A similaz statement is
contained within the SBTDC contract (the third complete pazagraph on page 2).
Please let me know if you need additional information.
Attachments (3)
ORANGE COUNTY ECONOMIC DEVELOPMENT COMMISSION
POST OFFICE BOX 1177 • HILLSBOROUGH, NORTH CAROLINA 27278
PHONE (919) 732-8181, EXT. 2325 • FAX (919) 644-3008 • EMAIL: TABERNATC~INTERPATH.COM
7
' ~' Counseling Activity by County
:_::~ i
Report Period: 1/1/98 to 3/31/98 page 1 of 1
Cagm7radc v.0.9.5.3 Produced: 13-Apr-98
Location Code: -North Carolina Office: Central Carolina/Chapel Hill
SBDC County: Clients: Contact Prep Travel Total
Code Hours: Hours: Hours: Hours:
%RuraWrbaMotal W.Duh1A Li..~wTw~..l
....... o v. w.. ~ vw~
Report Totals 89% / 11 % 1193 475.25 351.25 60.50 89% 111 % /887
48110 89% / 11 % / 193 475.25 351.25 60.50 89% 111 % ! 887
Alamance 8 30 10.5 1 41.5
Chatham 15 39 8.5 3 50.5
Durham 73 179.75 179.25 34.75 393.75
Granville 1 1.25 0.25 0 1,5
Henderson 1 4.25 3.5 0.5 8.25
Johnston 1 2.75 O.Z5 0 3
Lee 2 2.75 25 3 8.Z5
Orange 76 175.5 86.75 12 274.25
Out-Of-State 3 18.5 26.25 1 45.75
Wake 13 21.5 33.5 5.25 60.25
8
~= - Geographical Client Report
•~~' t
Report Period: l/1/98 to 3/31/98 page 1 of 2
CogruTradc v.0.9.5.3 Produced 13 Apr-98
Location Code: -North Carolina OtTice: Central Carolina/Chapel Hill
Location SBDC # of County
Code Code County State City Clients Total
0460 192
48110 192
ALAMANCE 8
NC Burlington 2
NC Graham 2
NC Mebane 4
CHATHAM 15
NC Apex 1
NC Chapel Hiil 6
NC Pittsboro 5
NC Siler City 3
DURHAM T3
NC Bahama 1
NC Durham 67
NC Research Triangle S
GRANVILLE 1
NC Frankiinton 1
HENDERSON 1
NC Hendersonville 1
JOHNSTON 1
NC Clayton 1
NC Sanford 2
ORANGE 75
NC Carrboro 9
NC Chapel Hill 48
NC Durham 2
NC Efland 1
NC Hillsborough 12
NC Mebane 2
1
9
~~ - Geographical Client Report
r
Report Period: l/1/98 to 3/31/98 pays 2 of 2
CognTradc v.0.9.5.3 Productd• 13 .lpr-98
Location Code: -North Carolina Office: Central Carolina/C6ape! Hill
Location SBDC # of County
Code Code County State City Clients Total
NC Rougemont 1
OUT-0F~TATE 3
IL Aurora 1
ID Boise 1
MD Fort Washington 1
WAKE 13
NC Apex 1
NC Cary 2
NC Raleigh 10
2
~'
-r{ SBDC BUSINESS DEVELOPMENT COUNSELING REPORT FOR 10
'~ Central Carolina/Chapel Hill, North Carolina - All Cases
CognTradc v.0.9.5.3
-----------------
--------------------------------------
I
I ------
DATE Q U A R T E R ---------------------
FISCAL YEAR -----------
TO DATE
RANGE S
1 / 1 / 9 8
THRU
3 / 31 / 9 8 1 / 1 / 9 8
THRU 3 / 31 / 9 8
------------------ ----
-
-
----- --
----1- ------
- ----------!
I T E M NO. HOURS* HRS PER NO. HOURS* HRS PER j
CASES CASE CASES CASE
--------------------------1---------- ---------- ----------- --
ALL CASE TOTALS = -------- -------
--
'
------------------ - - --- ~
-------- ,-------14 6 --- 7 93 .00 ----- 5 -4 3~-- ~
-----14 51--- 7 9 3 _0 0~ ------ 5_ 4 7
TYPE OF BUSINESS
1. Retail ~ 81 83.001 10.381 8I 83.001 10.381
2. Service ~ 441 243.751 5.541 441 243.751 5.541
3. Wholesale ~ 4I 16.251 4.061 41 16.251 4.061
4. Manufacturing ~ 131 108.50) 8.351 131 108.501 8.351
5. Construction ( 11 3.001 3.00) 11 3.001 3.001
6. Not In Business ~ 761 338.501 4.511 751 338.501 4.511
BUSINESS OWNERSHIP/GE
1. Male ~ 681 432.751 6.461 671 432.751 6.461
2. Female ~ 511 227.751 4.471 511 227.751 4.471
3.
--- Male & Female ~
------------------------ 271
------------- 132.501
------------ 4.911
------------- 271 132.501 4.911
VETERAN STATUS --------- ----------- --------
1. Veteran ~ 131 160.501 12.351 131 160.501 12.351
2. Vietnam-era Vet ~ SI 33.251 6.651 51 33.251 6.651
3. Disabled Veteran ~ 11 5.001 5.001 ll S.OOI 5.001
SBA CLIENT
1. Borrower ~ OI O.OOI 0.001 OI 0.001 0.001
2. Applicant ~ 01 0.001 O.OOI O1 0.00) O.OOI
3. 8 (a) Client 1 OI 0.001 O.OOI 01 0.001 O.OOI
4. Surety Bond ~ OI 0.001 0.001 O1 O.OOI 0.00.
5. COC ( OI O.OOI 0.001 OI 0.001 0.001
ETHNIC BACKGROUND
A. RACE
1. Am. Indian/Alaska ~ 21 7.001 3.501 21 7.001 3.501
2 . Asian/Pacific Isl ~ 11 3. SOI 3.501 ll 3.501 3.501
3. Black ~ 291 153.001 5.281 291 153.001 5.281
4 . White ~ 1141 629.501 5.571 1131 629. SOI 5. 57~
B. ETHNICITY I I 1 I 1 1
1. Hispanic Origin ~ 51 30.001 6.001 5I 30.001 6.001
2. Not of Hispanic 0 ~ 1411 763.001 5.451 1401 763.001 5.451
(Continued on Next Page)
11
~.~'{ - SBDC BUSINESS DEVELOPMENT COUNSELING REPORT FOR
• - 'r'r
Central Carolina/Chapel
Hill, North
Carolina
- All Cases
Cogn?rack v.0.9.5.3
DATE Q U A R T E R ( FISCAL YEAR TO DATE
RANGES 1/1/98 THRU 3/31/98 1/1 /98 THRU 3/31/98
-- ----------------------- --------- --------- ----------L--------- -------- ----------~
~ I T E M NO. HOURS* HRS PER NO. HOURS* HRS PER
FORMS - -- -------- - -- FORM-_- - FORMS --I- --_____-- __-FORM
AREAS OF COUNSELING ~ I ~ ~ I
1. Business Start-up ~ 931 158.751 1.71 93~ 158.751 1.711
2. Sources of Capital ~ 571 127.001 2.231 571 127.001 2.231
3. Marketing/Sales ~ 881 180.501 2.OS) 881 180.501 2.051
4. Government Procure ( 3I 3.001 1.001 3I 3.001 1.00!
5. Accounting and Rec ~ 3I 6.001 2.001 3I 6.001 2.001
6. Fin. Analysis/Cost ~ 18( 63.501 3.531 181 63.501 3.531
7. Inventory Control ~ 0( 0.001 O.OOI OI O.OOI 0.001
8 . Engineering, R&D ~ 1~ 9.501 9. SOI 11 9.501 9.501
9. Personnel/Human Re ; SI 12.75( 2.55 5~ 12.751 2.551
10. Computer Systems/ ( 11 1.001 1.00( 11 1.001 1.001
11. International Tra ~ 131 46.251 3.56( 13~ 46.25 3.561
12. Business Liquid/A ~ 131 33.751 2.601 131 33.75) 2.601
13. Technology ~ 26( 151.001 5.81( 26( 151.00( 5.811
I certify that these figures are accurate to the best of my knowledge.
Signature: Title: Date:
CapMTrsdc
12
SBDC BUSINESS DEVELOPMENT COUNSELING REPORT FOR
Central Carolina/Chapel Sill, North Carolina - ]~11 Caavs
r.OS.5.3
----------------------------------- Q ___ _ _
DATE U ART E R ~ FISCAL YEAR TO DATE
RANGES 4/1/98 THRU 6l30/9e 1/1/98 THRU 6/30/98
-------------------------- ---------------------------------
I T E M NO. HOURS* HRS PER N0. HOURS* HRS PER I
FORMS - FORMS ---FORM
-------------------------- ---------- --------- ' -- FORM --
AREAS OF COUNSELING
1. Business Start-up 991
2. Sources of Capital 581
3. Marketing/Sales ~ 681
4. Government Procure
5. Accounting and Ree
6. Fin. Analysis/Cost
7. Inventory Control
8. Engineering, RED
9. Personnel/Human RQ
10. Computer Systems/
11. International Tra
12. Business Liquid/A
13. Technology
11
18!
221
01
41
111
of
81
111
411
168.75E 1.701 1941 331.501 1.711
105.501 1.82f 1151 232.501 2.021
130.001 1.911 1651 620.00 3.761
2.001 2.001 41 5.00) 1.251
29.001 1.611 211 35.00! 1.671
64 . QO( 2.911 481 332.251 6.921
0.001 0.001 51 229.251 45.851
6.751 1.691 51 16.251 3.251
20.751 1.8 91 171 35.251 2.071
o.ool o.ool 11 1.001 I.oo1
18.001 2.251 221 65.001 2.95)
16.25( 1.481 291 50.00) 2.081
347.001 8.461 681 499.001 7 , 341
-----------------------------------------------------------------------------------------
-----~
I certify that these figures are accurate to thQ best of my knowltdgQ.
Signature: Title: Date:
U8 .7 98 09:5: '191996.3.91 CSC SBTDC ~OOr'
M
'
~
SBDC BUSINE
SS DEVELOPMENT COUNSELING REPORT £OR 13
t
Central Carolina/Chapel Sill, North Carotins - All cases
CopmTrewc~.0.9.5.3
--------------------------
--------------
----------
-------------
----------
----------
-----------
DATE , Q U ART E R FISCAL YEAR TO DATE
RANGES 4/1/98 THRU 6/30/98 1/1/98 THRU 6/30/98 _
I T E M NO. HOURS* HRS PER N0. HOURS* HRS FER ,
__ CASES __ CASE_ CASES _ CASE __~
~ALL_CASE_TOTALS = _____ 1_______ 152__ __908, 00~ _____~5 _97L__ ____ 248_ _2452 _00, ______9_ 89
TYPE OF BUSINESS ~ f I ~ I
1. Retail ( 61 55..751 18.581 111 140.251 12.751
Z. Service I 43l 327.251 11.691 751 1015.501 13.591
3. Wholesale ~ 41 20.251 5.061 81 36.501 4.561
4. Manufacturing ~ 121 177.001 44.25) 171 593.501 34.911
5. Construction ~ 41 9.751 3.251 4l 12.751 3.191
6. Not In Business I 834 318.001 5.681 1331 653.501 4.911
BUSINESS OWNERSHIP/GE
1. Male I 661 439.501 9.771 1161 1628.251 14.04f
2. Female ( 581 359.001 9.971 881 581.751 6.611
3. Male ~ Female ~
--------------------------
-
-- 281
---------- 109.501
------------ 6.441
------------ 441
--------- 242.001
------------- 5.501
-------
-
VETERAN STATUS 1 ' ~ ( ~ {
1. veteran ~ 17l 186.251 18.631 231 348.25) 15.191
2. Vietnam-era Vet ( 61 14.251 3.561 9i 47.50) 5.281
3. Disabled Veteran (
---------------------------
--- 21
---------- 8.751
------------ 8.751
------------ 21
--------- 13.751
------------- 6.881
-------
SBA CLIENT I ~ ~ I
1. Borrower ~ 01 0.001 0.001 OI 0.001 0.00)
2. Applicant I 01 O.OOf 0.001 01 0.00E 0.001
3. 8 (a) Client OI O.OOI 0.001 01 0.001 0.001
4. Surety Bond Ol 0.001 0.001 Ol 0.001 0.001
5. coc of 0.001 0.001 0l o.ool a.0oi
------------------------------ ---------- ------------------------ --------- ------------
ETHNIC BACKGROUND I I I I ~ I ~
A. RACE ( 1 1 l 1 1
1. Am. Indian/Alaska ` 81 25.251 3.16) 101 32.251 3.221
2. Asian/Pacific Isl ~ 51 27.251 5.451 61 30.751 5.131
3. Black 371 163.751 7.121 541 328.251 6.081
4. white 1021 691.751 11.161 1781 2060.751 11.581
B. ETHNICITY I 1 1 1 1 i
1. Hispanic Origin ~ 31 5.751 2.881 71 35.751 5.11
2. Not of Hispanic O ` 1491 902.251 9.401 2411 2416.251 10.031
(Continued on Next Page}
room ...n code: -Noma Caroliw
PHANA Neu
SDDC Code 48110
Referral Report
Report Period: 411!'98 to 6134198
pm&cd: 27 Aut-98
gdnsss Status Cass Class wwo
Referral Source
Ns. Of Cases
Retwning Client
17
SBC
3
Community Collep
9
Bank
12
Chamber of COMM"
9
saftdiv
S
OWtat?
Office: Central CareKna/Cbapel Hill
SIC Cods SIC Dncri wn werred From
Rekrral Source Sua►nar7
Referral Source
No of Cases
wwwwwo
itererral Source
No. of Cases
Media
5
Network Agency
�
SBA
4
Professional
7
Other SBDC Client
21
legislator
4
SSDC AdvhM Board
0
Training Event
Economk Devel. Comm.
3
Other
24
24
Govwmnerd Agency
8
G
On
IJ
m
Oo
G
m
r
m
r
m
m
r.a
U
IJ
m
r
W
In
0
a
1
15
- ~ ~ Counseling Activity by County
.~
'' Rtport Period:411/98 to 6/30/98 pa. ! 0~1
CogMrxkv.0.9.5.3 hobtced ?7-rt~j-9d
Loattioa Code: -North Carolias Ottice: Ceatntl CsroliadClupel Hil!
SBDC Coanty: Clients: Conbct Prep Travel Totnl
Cods Hours: Hours: Hours: Hours:
%RunYthtnMotal %RuraYUtt-anT~a!
Repot Totals 92'1L ! 89L ! i 82 395.50 518.75 53.75 9646 / 44L 1968
48110 92x /8461182 395.50 518.75 53.75 98'X,14461968
Aaaiana 7 10.25 9.75 2 ~
Chatham f3 21.TS 2T.2S Z2S St2S
Durham 19 170 219.75 2S.7S 41Sr5
GranvNN 1 2 1.25 0 3.25
Jolraton 1 O.TS 0.S 0.25 1.5
On~pe TO 1S22S 11S 16 233.25
OutAf-Sbb 9 Z5.5 135.5 7 171
Wahl t 13 3.TS O.S 20.25
us r as ua~si '~1919962J:91 cvc saTnc
duos
16
Counseling Activity by County
Report Period: l/1198 to W30PJ8 p,0i1 ~~
CopnR~adtv.Q.9.5.3 P-edaetd• 27-Artg-91
Location Code: -North Carotins OtTice: Central Carotiaa/Chspd HiU
SBDC County: Client: Contact Prep Travel Total
Code Hours: Hoara: Hours: Hours:
lGRurWUrbsnlfota! %RursWrbs+ToW
RQpott Totals 90'16 / 109~i !323 949.50 1452.23 200.00 94Xi 16% 12601.75
48110 90% / 10% 1323 949.50 1452.23 200.00 94% / 6% 12601.75
Atamsna 12 40.25 20.25 3 63.5
Chatlam 25 60.75 35.75 s.2s 101.75
t)utl~a 131 36.9 696.25 64.5 1120.75
Ofrae~vlM 2 325 1.S 0 4.75
tlMdstspl 1 42s 3.5 O.s 6.25
JohtNton 1 3.5 O.TS 0.25 4.s
tee 2 2.TS 2.5 3 6.2s
O~mge 125 323.2'.1 198.75 Z6 546
ouc-a-sea 3 w 1a~as s ~~.~~
Rockin~am 1 60.5 265.5 81.75 427.75
111faloe 20 38 42.75 T.TS 68.5
u$-:i yb U9:~U $'19198b~3:a1 lit, 58TDc: .¢uu~
17
Geographical Client Report
Report Period:l/1/48 to 6/30/98 ppe 2 0~2
coonrt~x..oss.s ?~~~-9a
Locatloa Cods: -North Carolina Ottice: Ccatral Carolina/C6apd HiU
Location SBOC ~ of Count
Cods Cods County State Cite Clients Total
NC Dufiam 5
NC EAand ;
NC FPO AE 1
NC Hillstiorvugh Z1
NC Msbans 3
NC Rougsmont 1
OUTAF-STATE ;
IL Aurora 7
ID Boise 1
MO Fort Washington 1
~ ROCKINGHAM 1 ~
NC Eden 1
WAKE ZQ
NC Apex 1
NC Cary 3
NC Durham 1
NC Rafsigh 15
u,~sLi 98 U8: ~~ $'ldlayb~.i.yl l`t ~BTU~
Geographical Client Report
Report Period: l/11'98 to 6/30/'98 p,4, t ert
CogMe~dc x.0.4.5.3 Pro~wced I7-~-9d
Loa~tioo Code: - Nortb Carolina Office: Ceatral Caroliaa/C6apd H~U
~o~tdon SBDC i of County
Code Coda County State City Clients Tots!
0460 3Z3
4$110
................•------------.......-------------------......-----....................... 3Z3
ALAMANCE 12
NC Burlin8ton 2
NC Graitant 3
NC AAebane 6
NC Saxapahaw 1
CHATHAM ~
NC Aptx Z
NC Chspol Hill 11
NC Qul! 1
NC PlKsboro 7
NC SiiK CKy 4
DURHAM 131
NC 8aha~tn 3
NC ChspN Hip 1
NC Durlam 119
NC Research Triangle i
QRANYlLI.! 2
NC Croedmoore 1
NC F~IiQbftal 1
HENDERSON ~
NC HendersomrNh 1
NC Clayton 1
NC BatMord 2
ORANGE 125
NC Cartboro 13
NC ChapN HiU 79
1
.~ uu~ '
18
un .; a~ uN iu ~`laid~+o.u.yl ~~~ 5BIL~ ~uuG
19
~~ Geographical Client Report
Report Period: 4/1/98 to 6/30f98 ~ t ort
CopnRtick v.0.9.5~3 P-odkea+d 27.Arrg-9d
Locatioa Code: -North CsroGaa Ot'8ce: Ceatral CarolinalChapel Hail
location SBDC 8 of County
Code Code County State City CiietKs Tonal
0~0 1Z8
~1~a ..-----------~----.... . ............~----...--------.. .......----...__... . 11A
ALAMANCE 4
NC Graham 1
NC Msbane 2
NC 8sxapahsw 1
CHATHAM 10
NC Apex 1
NC Chapsi Hiii 5
NC GuM 1
NC Pittsboro Z
NC Siier CEy 1
I DURHAM 56 i
NC Bahama Z
NC Chapel HiN 1
NC Durham ~
NC R~esesrch Triangle 8
QRANVILLE 3
NC Creedmoon 1
NC Carrboro 4
NC Chapel Hiu s0
NC Durham 3
NC Etiand 2
NC FPO AE 1
NC Hiilsborough 11
NC Mebane 1
WAKE 6
NC Durham 1
NC Rsleph S
1
20
LOAN PROGRAM ADMINISTRATION
Administration of this loan program shall initially be performed by the Orange County Economic
Development Commission. Aa outside vendor acceptable to the financial institutions and the
County will be utilized to underwrite and service these loans, to include billing and generating
administrative reports.
PROCEDURES
1. Applicants will be referred to the Orange County Economic Development Commission
who will meet with them and process applications. This process will utilize the services of
the NC Small Business & Technology Development Center.
2. Completed applications will be submitted to the Loan Committee no later than two weeks
prior to its next scheduled meeting. The Loan Committee will normally meet once
monthly.
3. At the monthly meeting, the Loan Committee will decide whether or not to take action on
the request, based on the information provided. The applicant will be informed in writing
of the Loan Committee's decision. Should the Loan Committee deny the applicant's
application, the Loan Committee will not consider any applications from that applicant for
at least six months.
4. At its discretion, the Loan Committee may impose any additional terms and conditions
necessary to improve the loan or to secure the applicant's loan. The Loan Committee
may require an itemized budget detailing the proposed use of loan funds.
5. After Loan Committee approval, applications will be presented to the Board of County
Commissioners for review. a~-~app~al-
6. Should the applicant feel that his/her application has been improperly denied, then he/she
should notify, in writing, the Chair of the Loan Committee of his/her position. Denial of
the application shall then be reviewed by the Loan Committee for further consideration.
LOAN ANALYSIS
The Loan Committee shall review and consider a number of items in determining whether a loan
should be made. Those items shall include at least the following:
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