Winslow company benefits from SBA’s expanded programs

James McCarthy

Source

Mainebiz

Date

5-13-2013

Pages

1, 22-24

Abstract

Bob Jacobs, owner of Jacobs Glass Inc. in Winslow, expanded his company from four employees to sixteen, thanks to help from the U.S. Small Business Administration’s Maine office. Jacobs wanted to go after commercial restoration work, but lacked the capital to cover the expenses of bigger jobs. The Maine SBA gave Jacobs a $35,000 loan which allowed him to take on work as a subcontractor on the Gilman Place project in Waterville. Jacobs Glass has since garnered praise for its work on the Edward T. Gignoux U.S. Courthouse in Portland and the Old Bath Customs House. The company is just one example of the many small businesses that have benefited from SBA financing programs, listings databases, and other services which are detailed in the article.

Subjects

Jacobs Glass Inc Winslow, Small Business Administration, Loans

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