Loading...
HomeMy WebLinkAboutV.B. Dakota County - Open to Business - Q2 2022 TA DataBusiness Description Industry Business Stage Business Source City Impacted - Business City Impacted - Resident Other Cities Impacted (Manual) Other Counties Impacted (Manual) Summary Comments All assistance Provided Total TA Hours Q1 TA Hours Q2 TA Hours Total Equity Approved Outside Financing / Access to Capital Approved MCCD Financing Low-Wealth Owned (0 = No, 1 = Yes) BIPOC or Immigrant Owned (0 = No, 1 = Yes) Woman Owned (0 = No, 1 = Yes) Towing Service Service Existing - Opportunity Bank_Referral Minneapolis Rosemount Dakota The client is a towing business located in Minneapolis that is buying the location that they're operating out of. There is a need for gap financing for the purchase. Loan packaging;Loan Facilitation;Loan Committee;Other Loan Related 28 0 28 $ 207,000 $ 2,700,000.00 $ 150,000.00 0 0 0 Food Co-op Retail Existing - Opportunity Municipality Hastings Northfield Existing business is expanding into a larger space within their existing location. Assistance provided with financial review, loan underwriting, loan facilitation, site visit, and strategic planning for the business. Loan was approved on 4/14. TA for Existing Clients;Cash Flow Analysis & Projections;Relocation Assistance;Other Loan Related;Loan packaging;Loan Facilitation;Networking/referrals;Initial Consultation;Loan Committee 120.5 53.5 67 $ 135,000 $ 430,000.00 $ 50,000.00 1 0 0 Landscaping & Lawn Care Service Existing - Opportunity Web Eagan Eagan Client is looking to purchase an existing lawncare business in Eagan. They came up against roadblocks with bank financing and were seeking assistance to navigate the next steps. Reviewed project and facilitated lender referrals. Partial funding was obtained. Loan packaging;Initial Consultation;Record keeping/bookkeeping;Networking/referrals ;Loan Facilitation;Other Loan Related 16.5 4.5 12 $ - $ 25,000.00 0 1 1 security services Inc.Service Existing - Opportunity Bank_Referral Richfield Farmington Biz Loan Request 25-35k TAActivity;Initial Consultation;Cash Flow Analysis & Projections;General business issues/guidance;Other Loan Related 4 0 4 0 1 0 Yoga Blog and Magazine Client Inquiry Web N/A N/A Client inquired with questions on SBA EIDL and LLC organization for multiple business lines. Initial Consultation;Regulatory assistance;Other Loan Related 1 0 1 0 0 0 Mobile Game Developer Technology Start-up Municipality Apple Valley Apple Valley Additional Quickbooks training for existing client TA for Existing Clients;Loan Facilitation;Record keeping/bookkeeping 3 1 2 0 1 0 Mexican Market and Restaurant Food Start-up Municipality Apple Valley Apple Valley Client is moving ahead with lender presentations. Continued support provided to polish business plan and prepare for next steps. Loan packaging;Loan Facilitation;Business Plan Development 7.5 0 7.5 0 1 0 Aesthetics Service Pre-start planning MCCD Community Partner/Member Org Apple Valley Apple Valley Developing business continues the planning process to open their doors in the next 6 months. Provided real estate broker recommendations, insurance contacts, advising on loan products and contacts, budgeting and planning. Loan Facilitation;Record keeping/bookkeeping;Real estate analysis;Networking/referrals;TA for Existing Clients;Other Loan Related 5 4 1 0 0 1 Photography studio and flex space Service Pre-start planning Web Apple Valley Apple Valley Client attended Business Law Q&A on 3/31.Business Plan Development;TA for Existing Clients 4 4 0 0 1 1 home healthcare services Health / Fitness Existing - Opportunity Web Apple Valley Apple Valley Existing healthcare business looking to expand to real estate development for residential care Initial Consultation;Loan Facilitation 1.5 0 1.5 0 1 0 Athletic center Health / Fitness Existing - Challenged Municipality Apple Valley Business owner seeking grants and any financial support for urgent COVID relief. Provided resources and options for her to look into. TA for Existing Clients;Initial Consultation;General business issues/guidance 2 1.5 0.5 0 0 1 Asian Grocery Market Food Existing - Opportunity Municipality Burnsville Woodbury Burnsville; South Saint Paul Dakota Client needs advising on their new retail/warehouse. Strategic planning;TA for Existing Clients;Loan Facilitation;Other Loan Related;Initial Consultation;Real estate analysis 6.5 0 6.5 0 1 0 Promotional items Retail Existing - Challenged Municipality Burnsville Burnsville TA provided on creation of a new business entity, attended Labor Q&A webinar General business issues/guidance;Networking/referrals;TA for Existing Clients 3.5 3.5 0 0 0 1 textile production Manufacturing Start-up Municipality Burnsville Burnsville TA provided for existing client.Networking/referrals 2 2 0 0 0 1 Candles and fragrance Manufacturing Existing - Opportunity Municipality Burnsville Mendota Heights Large manufacturing business with factory in Burnsville and warehouse in Mendota Heights. Continued outreach regarding expansion plans in both locations. Real estate analysis;Regulatory assistance 0.75 0.75 0 0 0 0 optical supplies Retail Start-up Other Burnsville Burnsville Continued TA for new, growing optical products business. Business Plan Development;TA for Existing Clients 4.5 4.5 0 0 1 0 beauty retail Retail Existing - Opportunity Municipality Burnsville Bloomington Assistance provided the existing business looking to strengthen operations and streamline business practices. Initial Consultation;Networking/referrals;General business issues/guidance;Financial Management Assistance 2 2 0 0 1 1 Analytics Consulting Professional / Consulting Start-up Other Burnsville Burnsville A new business start looking for assistance with networking and sales strategies. Additional questions on HR & staffing / contractors. Initial Consultation;Marketing;Networking/referra ls 1.5 1.5 0 0 0 0 Wellness & Healthcare Clinic Health / Fitness Existing - Challenged Municipality Burnsville Apple Valley Existing business contacted OTB for help with funding, marketing, and HR questions. Record keeping/bookkeeping;Initial Consultation;Marketing;Operation/logistics; General business issues/guidance 3.75 0 3.75 0 1 1 Rental space for light industrial / trades Retail Pre-start planning Web Burnsville Burnsville Client is starting a new property leasing business for light industrial / trade work. Considering buying a large building and converting it to a "WeWork" for light industrial. Initial Consultation;Business Plan Development;Strategic planning;Networking/referrals 1.5 0 1.5 0 0 0 Wholesale Kimchi production Wholesale / Distribution Existing - Opportunity Municipality Burnsville Eagan Entrepreneur is considering buying an existing wholesale kimchi production business. Initial Consultation;Business purchase evaluation;Networking/referrals 2 0 2 0 1 1 Spa & Salon Service Client Inquiry Other Burnsville Burnsville Dakota Seeking assistance in working capital Initial Consultation;General business issues/guidance 0.5 0 0.5 0 1 1 Grocery/Food Hall Food Start-up Web Burnsville Woodbury Burnsville; Woodbury Dakota; Washington New business development reached out to discuss funding and development incentives in the city and county. Initial Consultation;Networking/referrals;Financial Management Assistance 3.5 0 3.5 0 1 0 Mentorship & afterschool programming Professional / Consulting Start-up MCCD Community Partner/Member Org Eagan Eagan Saint Paul Ramsey Mentorship & afterschool programming. Business Plan Development Business Plan Development 1 0 1 0 1 0 Restaurant Food Pre-start planning Bank_Referral Eagan Woodbury Discussed financing options and new business plans. Provided resources and loan application information. Loan packaging;Other Loan Related 1.5 1.5 0 0 1 0 Legal Consulting Professional / Consulting Start-up Web Eagan Eagan TA provided for new business start. Business owner attended Business Law Q&A on 3/31. Initial Consultation;Networking/referrals;Business Registration;TA for Existing Clients 3 3 0 0 1 1 Lawn Care Service Service Start-up Web Eagan Eagan Initial meeting with a client who is starting a new business, assistance on first steps, registration, planning, insurance, bookkeeping, and a wide variety of topic. Passed along professional referrals. Initial Consultation;Business Plan Development;Record keeping/bookkeeping;Networking/referrals ;Business Registration;Licensing Assistance 2 2 0 0 0 0 custom hat designs Retail Start-up Web Eagan Eagan Initial meeting with new start up business. Questions answered regarding registration, taxes, next steps, bookkeeping and record keeping. TA for Existing Clients;Initial Consultation;Business Plan Development;Record keeping/bookkeeping;Networking/referrals ;Business Registration 2.5 2 0.5 0 0 1 pottery studio Retail Existing - Opportunity Web Eagan Eagan Client is considering purchasing a paint-your- own-pottery franchise. Discussed nuances of the franchise industry, what to watch out for, provided research and additional resources to help her make the best decision for her. Initial Consultation;Strategic planning;Franchise evaluation 2 2 0 0 0 1 Massage Therapy Service Start-up Municipality Eagan West Saint Paul Existing business is expanding to a new brick and mortar location. Provided business owner with assistance with city inspections and licensing. Initial Consultation;Business Registration;Licensing Assistance 2 2 0 0 0 1 Moving and storage business Service Existing - Opportunity Web Eagan N/A Existing business in Eagan is seeking land in Dakota County to develop a new facility. Provided contacts and recommendations. Initial Consultation;Real estate analysis 1 1 0 0 0 0 wood fabrication Construction / Real Estate Pre-start planning Friends_and_Family Eagan Eagan New business start with questions on local regulations, start up steps, and licensing. Initial Consultation;Business Plan Development;Regulatory assistance;Networking/referrals;Zoning Assistance 3.5 0 3.5 0 0 0 IT consultant Technology Existing - Opportunity Other Eagan Burnsville IT business looking to grow in Dakota County.Initial Consultation 1.5 0 1.5 0 0 0 Healthcare business Health / Fitness Existing - Opportunity Web Eagan Business attended the Business Law Q&A on 3/31 TA for Existing Clients 1.5 1.5 0 0 0 0 Art studio Retail Existing - Challenged Web Farmington Farmington Ongoing support for existing client TA for Existing Clients 0.5 0 0.5 0 0 0 Grocery & spice market Retail Pre-start planning Web Farmington Farmington Continued TA provided to business regarding business plan development and submittal to the city for plan approval. Business Plan Development;Loan Facilitation 3 3 0 0 1 0 Pizza restaurant Food Pre-start planning MCCD Community Partner/Member Org Farmington Northfield Startup pizza shop business, assistance provided with business planning and initial steps toward opening a retail location in Farmington. Business Plan Development;Lease review/negotiation 4 3.5 0.5 0 0 0 insurance agency Professional / Consulting Existing - Opportunity Municipality Farmington Rosemount Ongoing TA provided for existing client seeking financing for Real Estate purchase and business expansion, referrals provided to local bankers and attorney. Business participation in Labor Q&A webinar. Real estate analysis;TA for Existing Clients;Loan Facilitation;General business issues/guidance 6 6 0 0 0 1 Brewery Manufacturing Pre-start planning Municipality Farmington Farmington Startup brewery business seeking assistance with initial steps to help him move from home-brewer to having his own location and tap room in the future. Connected him with a mentor and resources. Initial Consultation;Business Plan Development;Networking/referrals 2.5 2.5 0 0 0 0 Athletic coaching Health / Fitness Start-up Municipality Farmington Farmington Startup business seeking guidance on basic start-up steps, taxes, bookkeeping, and regulations. Initial Consultation;Record keeping/bookkeeping;Regulatory assistance;Networking/referrals 2.5 2.5 0 0 0 1 Chiropractic Clinic Health / Fitness Existing - Opportunity Municipality Farmington Burnsville Existing business looking to expand into new space that they develop and own. Initial discussion on business plans. Initial Consultation 0.5 0.5 0 0 0 1 Ice Cream Shop Food Pre-start planning Other Farmington Farmington New business start is searching for a location and general guidance for initial steps to establish the business. Initial Consultation;Real estate analysis;Regulatory assistance;Networking/referrals 2.5 0 2.5 0 0 1 Bakery Retail Existing - Challenged Municipality Farmington Farmington Existing business is expanding next door. Seeking grants or loans to help finance the move. TA for Existing Clients;Initial Consultation;General business issues/guidance;Other Loan Related 4 0 4 0 0 1 Cleaning, organization, personal assistance Service Existing - Opportunity Municipality Hastings Hastings Additional Quickbooks training for existing client Record keeping/bookkeeping 2.25 1 1.25 0 0 1 Design & décor Retail Start-up Web Hastings Hastings Client attended Business Law Q&A on 3/31.TA for Existing Clients 1.5 1.5 0 0 0 1 Grocery Store Retail Client Inquiry Municipality Hastings Other-Other Hastings New startup business seeking assistance.Initial Consultation 0.5 0.5 0 0 0 0 Urgent Care/Primary Care Health / Fitness Pre-start planning Municipality Hastings Woodbury New Business start up looking for assistance with initial planning steps. Initial Consultation;Business Plan Development;Networking/referrals 1.5 0 1.5 0 1 0 Auto Repair Service Existing - Opportunity Friends_and_Family Hastings Hastings Growing business seeking guidance on expansion and scaling up, hiring employees. Initial Consultation;Loan packaging;Record keeping/bookkeeping;Regulatory assistance;Networking/referrals;Loan Facilitation 2.5 0 2.5 0 0 1 Restaurant Food Start-up Municipality Hastings Hastings Client is working with local banker on financing back for new restaurant start up. Seeking assistance with gap financing. Initial Consultation;Business Plan Development;Loan packaging 1.5 0 1.5 0 0 0 Dessert Vendor Food Existing - Challenged Other Inver Grove Heights Inver Grove Heights Long-term client of MCCD expanded her business to include a trailer last year with MCCD financing. Continued technical advisory including marketing/networking/financial management. TA for Existing Clients;General business issues/guidance;Marketing;Other Loan Related 5.5 2.5 3 0 1 1 child care facility Service Existing - Opportunity Web Inver Grove Heights South Saint Paul continued support for existing client as they think about business expansion, new business entity, and fundraising. TA for Existing Clients;Networking/referrals;General business issues/guidance;Business Registration;Financial Management Assistance 4 3.5 0.5 0 1 1 construction Construction / Real Estate Existing - Opportunity Web Inver Grove Heights Inver Grove Heights Ongoing support for existing client TA for Existing Clients 0.5 0 0.5 0 1 1 TBD Retail Client Inquiry MCCD Community Partner/Member Org Inver Grove Heights Inver Grove Heights Entrepreneur looking to buy a local business or franchise. discussed pros / cons of various business scenarios. provided resources and checklists to assist in next steps. Initial Consultation;Business purchase evaluation;Franchise evaluation 1.5 1.5 0 0 1 0 Psychiatric Nurse Practitioner Health / Fitness Start-up Other Lakeville Eagan Existing client with existing business looking for assistance with bookkeeping, financial planning, HR, and Staffing. Initial Consultation;Networking/referrals;Operatio n/logistics;General business issues/guidance;Financial Management Assistance 2 0 2 0 1 1 Custom clothing Retail Existing - Challenged Web Lakeville Lakeville Ongoing TA provided on sales & marketing strategies, website development, goal setting for the new year, financial management support through internal referral to CPA advisor. TA for Existing Clients;Record keeping/bookkeeping;Marketing;General business issues/guidance;Financial Management Assistance;Personal Financial planning;Networking/referrals 28.5 17 11.5 0 0 1 Brewery, Bar, Restaurant Food Pre-start planning Friends_and_Family Lakeville Lakeville New business start, assistance provided with initial planning, business plan review, and discussion on financing options and next steps. Business Plan Development;Loan Facilitation 7.5 5 2.5 0 0 0 Brewery Food Pre-start planning Bank_Referral Lakeville Lakeville Reviewed business plan and provided feedback & additional resources. Business Plan Development;TA for Existing Clients;Initial Consultation;Marketing;Strategic planning;Networking/referrals;Loan Facilitation 5.5 4 1.5 0 1 0 Golf simulator with food and beverage Service Start-up Municipality Lakeville Lakeville New activity center and driving range business seeking assistance with professional referrals and commercial lease negotiation. Initial Consultation;Lease review/negotiation;Regulatory assistance;Networking/referrals 2 2 0 0 0 0 mobile healthcare business Health / Fitness Start-up Municipality Lakeville Lakeville New start-up healthcare business looking for assistance and support related to taxes & record keeping, general start up best practices. Initial Consultation;Regulatory assistance;General business issues/guidance 2.5 2.5 0 0 1 0 Business planning and consulting Professional / Consulting Pre-start planning Municipality Lakeville Lakeville New business start-up looking for networking & marketing assistance. Initial Consultation;Business Plan Development;Marketing 1.5 1.5 0 0 1 0 Indoor play place for kids Health / Fitness Pre-start planning Municipality Lakeville Prior Lake Lakeville Dakota New start up business in initial planning stages to open an indoor play place for kids in Lakeville area. Discussed planning, start up budget, insurance, legal concerns, and provided follow up resources to get the clients started on the right track. Initial Consultation;Business Plan Development;Networking/referrals 2 2 0 0 1 0 Youth Swim Instruction Health / Fitness Pre-start planning MCCD Community Partner/Member Org Lakeville Minneapolis Lakeville Dakota Entrepreneur is looking for financial support for his youth swim instruction business which he plans to open in Lakeville. Discussed business plan and financing requirements. Provided loan request documents and discussed loan options. Initial Consultation;Business Plan Development;Loan Facilitation 1.5 1.5 0 0 0 0 Ear Nose and Throat & Facial Plastic Surgery Practice Health / Fitness Pre-start planning Municipality Lakeville Other-Other Lakeville Dakota Medical doctor looking to start a new practice in Lakeville area. Discussing business plan, financing option, and market research. Initial Consultation;Business Plan Development;Marketing;Networking/referr als;Financial Management Assistance;Loan Facilitation 7 0 7 0 1 0 Doggie Day Care Service Pre-start planning Web Lakeville Lakeville Entrepreneur is looking to establish a doggie daycare business. Considering a franchise or possibly starting her own business. Initial Consultation;Business Plan Development 2.5 0 2.5 0 1 1 custom woodworking Manufacturing Pre-start planning Web Mendota Heights Mendota Heights Start-up business looking for assistance with first steps to establish a business, Provided guidance on entity types, business planning outlines, what to expect with taxes, and general startup resources. Initial Consultation;Business Plan Development;Record keeping/bookkeeping;Regulatory assistance;Networking/referrals;Tax Advice & Assistance 2 2 0 0 0 0 Consulting/therapy business Professional / Consulting Existing - Opportunity MCCD Community Partner/Member Org Mendota Heights Mendota Heights Mendota Heights Dakota Would like to open up an office and along with small animal rescue Initial Consultation;Strategic planning;Networking/referrals;Other Loan Related 1.5 0 1.5 0 1 1 CNA Training Professional / Consulting Start-up Web North Saint Paul South Saint Paul Ongoing TA for existing client TA for Existing Clients 0.5 0 0.5 0 1 1 Apple Cider and Juice Food Existing - Opportunity Municipality Other-Dakota County Saint Paul Ongoing assistance to client as the seek funding for their large development project TA for Existing Clients 2.5 0 2.5 0 1 1 halal beauty Retail Existing - Opportunity Municipality Rosemount Ongoing support for existing business owner. Discussed new grants and funding sources and a possible expansion to brick and mortar space. TA for Existing Clients 4.5 1.5 3 0 1 1 Training Professional / Consulting Existing - Opportunity Municipality Rosemount Rosemount Existing client & new business start attended Business Law Q&A on 3/31 Regulatory assistance;TA for Existing Clients 1.5 1.5 0 0 0 0 3D printing, woodworking, laser printing fabrication Construction / Real Estate Pre-start planning Municipality Rosemount Rosemount Existing client re-engaged to pick up conversation from earlier in the year. Discussed business registration and entity selection and provided referrals to additional resources. Marketing;Networking/referrals;Business Registration 1.5 1.5 0 0 0 1 Fitness Franchise Health / Fitness Pre-start planning Bank_Referral Rosemount Rosemount Working with entrepreneurs in collaboration with their bank on the development of a new fitness franchise in Rosemount. Facilitating financing & moving the financial package forward with the bank. Loan packaging;Loan Facilitation;Franchise evaluation 1.5 1.5 0 0 0 0 Event rental spaces Retail Pre-start planning Bank_Referral Rosemount Rosemount Client is starting a new event space rental business. Advising provided on business plan and financial projections for bank presentation. Initial Consultation;Business Plan Development;Cash Flow Analysis & Projections;Loan packaging;Loan Facilitation 4.5 0 4.5 0 1 0 Clothing Boutique Retail Pre-start planning Municipality Rosemount Rosemount New business opening in Rosemount seeking assistance with financial projections, next steps, and lease negotiation. Initial Consultation;Business Plan Development;Lease review/negotiation;Marketing;Financial Management Assistance 2.5 0 2.5 0 0 1 TBD Other Client Inquiry Web Rosemount Rosemount Client reached out for assistance with business planning and start up help Initial Consultation 0.5 0 0.5 0 0 1 Technology Repair Technology Existing - Opportunity Entrepreneur Shakopee Lakeville Ongoing client relationship. Business coaching and insight as needed.Strategic planning;Real estate analysis 9.5 9.5 0 0 0 0 Canning and Beverages Wholesale / Distribution Existing - Opportunity Municipality South Saint Paul Anoka Ongoing client advisory to help to expand their business Cash Flow Analysis & Projections;Personal Financial planning;Regulatory assistance;Financial Management Assistance;Strategic planning 2.5 2.5 0 0 0 0 Plumbing & Heating Construction / Real Estate Existing - Opportunity Municipality South Saint Paul South Saint Paul Existing business looking to purchase real estate for expansion. Discussed options & financing and made an introduction to a local banker. Real estate analysis;Networking/referrals;Loan Facilitation 2 2 0 0 0 0 Entertainment venue Other Existing - Opportunity Web South Saint Paul South Saint Paul Support provided for new business start, assistance with referrals and navigating initial steps and business plan development. Business Plan Development;Regulatory assistance;Financial Management Assistance 6 6 0 0 0 1 Retail Business Retail Pre-start planning Municipality South Saint Paul South Saint Paul The entrepreneur is looking to open a book store and needs assistance with business planning, projections, and initial steps to start up. Initial Consultation;Business Plan Development;Networking/referrals 2.5 2.5 0 0 0 0 Coffee Shop Food Pre-start planning Municipality South Saint Paul South Saint Paul Assistance provided to prospective business owner opening a coffee shop in SSP. Discussed business planning, commercial leasing, and provided general resources and referrals. Initial Consultation;Business Plan Development;Lease review/negotiation;Networking/referrals 1.5 1.5 0 0 1 1 Hair Salon Service Existing - Opportunity Web West Saint Paul West Saint Paul Ongoing support for existing client, grant and funding research, business plan development for new business venture. Strategic planning;General business issues/guidance;TA for Existing Clients;Other Loan Related 4.5 0 4.5 0 1 1 Brewery / Taproom Service Existing - Opportunity Municipality West Saint Paul West Saint Paul Financial analysis and examination related to loan request for financing for business relocation from St. Paul to West Saint Paul. Discussions around expansion of the business and financing. Cash Flow Analysis & Projections;Other Loan Related;Loan Facilitation;Real estate analysis;General business issues/guidance 11.5 11.5 0 0 0 0 Wood Finishing Construction / Real Estate Existing - Opportunity Entrepreneur Burnsville Apple Valley Burnsville Assisted Biz Owner with TA and different resources for his business we discussed grant options, joining the Burnsville Chamber, looking at his biz financials. I will continue to provide biz guidance.. TA for Existing Clients;Cash Flow Analysis & Projections;Other Loan Related 7.5 7 0.5 1 1 0 Fitness Service Existing - Challenged Other Apple Valley Excelsior Loan Facilitation 1 0 1 1 0 0 Chicken Food Truck Food Existing - Opportunity Municipality Apple Valley Apple Valley Existing loan client, closed retail location, new focus on events Other Loan Related 1.25 1.25 0 1 1 1 Coffee Shop Retail Pre-start planning Municipality Apple Valley Farmington In-depth assistance on business plan and development for new cafe in Apple Valley. Business Plan Development;Networking/referrals;Financi al Management Assistance;Cash Flow Analysis & Projections 16 12.5 3.5 1 0 1 Mental Health Therapy Health / Fitness Client Inquiry Entrepreneur Apple Valley Apple Valley Apple Valley Dakota Seeking assistance in accounting/financial management 0 0 0 1 0 1 Autism Clinic Professional / Consulting Pre-start planning Bank_Referral Burnsville Burnsville Underwriting loan request for financial support of commercial property purchase. Referral to internal bookkeeping expert to assist with Quickbooks set up. Loan packaging;TA for Existing Clients;Loan Facilitation;Record keeping/bookkeeping;Other Loan Related 7 7 0 1 1 1 Custom screen printing Retail Existing - Opportunity Entrepreneur Burnsville Mendota Heights Assistance provided to existing business owner regarding website development, quickbooks and record keeping. TA for Existing Clients;Initial Consultation;Record keeping/bookkeeping;Marketing;Networkin g/referrals 3 2.5 0.5 1 1 1 Photography studio Professional / Consulting Start-up Municipality Burnsville Burnsville Client is restarting an existing business after a long hiatus due to an injury. Assistance provided to help re-engage with customers and ramp back up. TA for Existing Clients;Initial Consultation;Marketing;Networking/referra ls;General business issues/guidance 6.5 0 6.5 1 1 1 Mobile Car Wash Service Pre-start planning Web Burnsville Burnsville Client recently moved from TX to MN and wants to restart his car wash business here. Assistance provided to get started and navigate licensing locally. Initial Consultation;Business Plan Development;Networking/referrals;Licensin g Assistance 2.5 0 2.5 1 1 0 Restaurant Food Existing - Opportunity Municipality Circle Pines Farmington Assist struggling restaurant with financial guidance and resources General business issues/guidance;TA for Existing Clients;Other Loan Related 1.3 0 1.3 1 1 0 Fitness and Health Education Health / Fitness Existing - Opportunity Municipality Eagan Eagan Continued TA for exiting client.General business issues/guidance 1.5 1.5 0 1 0 1 Retail Retail Start-up Municipality Eagan Eagan Continued TA for existing client.General business issues/guidance 1 1 0 1 0 1 Real Estate Investment Construction / Real Estate Existing - Opportunity Web Eagan Eagan Assistance provided as client seeks to establish next steps in business development. Discuss financing option, creditworthiness, and business planning. Initial Consultation;Business Plan Development;Personal Financial planning;Networking/referrals;Loan Facilitation 6.5 6.5 0 1 1 1 Salon, spa, wellness center Service Pre-start planning Web Eagan Eagan Entrepreneur seeking support and financial assistance to get her business up and running. Discussed grants and financing process as well as budgeting and personal financial health. Provided general guidance on business startup and resources. Initial Consultation;Business Plan Development;Personal Financial planning;Networking/referrals;Loan Facilitation 2.5 2.5 0 1 1 1 Commercial Laundry Service Pre-start planning Web Eagan Eagan Entrepreneur is seeking basic start up guidance to establish a commercial laundry business. Initial Consultation;Business Plan Development 1 0 1 1 1 0 resale vintage toy shop Retail Existing - Opportunity Friends_and_Family Eagan Initial Consultation;Business Plan Development;Marketing;Networking/referr als;General business issues/guidance;Other Loan Related 14 0 14 1 1 0 Yoga Studio Service Start-up Municipality Farmington Farmington client has a new cleaning business and requested assistance for initial filing steps.Initial Consultation 0.5 0 0.5 1 1 1 Beauty Supply Retail Existing - Opportunity Municipality Farmington Lakeville Ongoing assistance to existing client. Facilitation with microgrant receipt and compliance. TA for Existing Clients;Financial Management Assistance 5 4 1 1 1 1 Dance Education and Mentorship Health / Fitness Existing - Challenged Municipality Farmington Apple Valley Continued support provided to client as they seek funding for their business expansion. TA for Existing Clients;Financial Management Assistance 2.5 0.5 2 1 0 1 Restaurant Food Existing - Opportunity Municipality Farmington Bloomington Minneapolis Existing business is expanding to a second location. Discussed expansion, planning, budgeting, and financing options, and what a bank would require to look at their project. TA for Existing Clients;Loan Facilitation 3.5 2 1.5 1 1 0 PC Repair Technology Start-up Web Farmington Farmington Newly established business seeking assistance with initial steps of choosing a business entity, setting up insurance, and establishing pricing & marketing strategies. Discussed in depth and provided referrals to local professionals. Initial Consultation;Business Plan Development;Regulatory assistance;Networking/referrals;General business issues/guidance 2 2 0 1 1 0 Home based Wellness, Pilates, Ayurveda Health / Fitness Existing - Challenged Municipality Hastings Hastings Home-based business is taking the jump to a brick and mortar space. Support provided on website issues and development and SEO work. TA for Existing Clients;Marketing;Operation/logistics;Recor d keeping/bookkeeping;Personal Financial planning 4.5 3.5 1 1 0 1 Clothing business Retail Start-up MCCD Community Partner/Member Org Inver Grove Heights Eagan Ongoing TA for existing client TA for Existing Clients 0.5 0 0.5 1 1 1 Mexican Restaurant Food Existing - Opportunity Other Inver Grove Heights Inver Grove Heights Inver Grove Heights Dakota Food truck business owner is opening a Restaurant and will have catering services (food truck) for events. The client needs some advice in regards to licenses and permits to operate. General business issues/guidance;Business Registration;Initial Consultation 4.5 0 4.5 1 1 1 Hardwood Floor Contracting Service Start-up Other Inver Grove Heights Inver Grove Heights Client started a hew hardwood floor refinishing business with her husband. Assistance provided on licensing, start up steps, owner's draws, and other start up basics. Provided resources and ongoing support. Initial Consultation;Networking/referrals;General business issues/guidance;Business Registration 2 0 2 1 1 1 Financial Advising for underserved communities Professional / Consulting Start-up Municipality Lakeville Lakeville New business looking to grow and scale up. Seeking assistance on sales strategies, marketing, networking, and growth. Initial Consultation;Marketing;Networking/referra ls 1.5 0 1.5 1 1 0 martial arts instruction and fitness Health / Fitness Existing - Opportunity Municipality Mendota Heights Mendota Heights Loan Facilitation 1.5 0 1.5 1 0 0 Dairy technology Technology Start-up Municipality Mendota Heights Mendota Heights Continued assistance as client expands business, considering hiring first employee, and continues fundraising. TA for Existing Clients 3 0 3 1 0 0 Home Healthcare Existing - Opportunity Bank_Referral Minneapolis Lakeville Assistance provided to potential loan client as they finalize their loan request. Loan underwriting, liaising with the SBA lender, and facilitating the loan request for a new business location. Loan Facilitation;Loan packaging;Real estate analysis;Networking/referrals;General business issues/guidance 35.5 20 15.5 1 1 1 franchise opportunity Retail Start-up Municipality Prior Lake Burnsville TA for Existing Clients;Lease review/negotiation 3.5 1.5 2 1 0 1 Lawn care and snow removal Start-up Bank_Referral Rosemount New business start seeking assistance with navigating business registration, first steps, legal aspects, and Quickbooks setup and training. Provided legal referrals and introduced OTB Quickbooks expert. TA for Existing Clients;Record keeping/bookkeeping;Initial Consultation;Regulatory assistance;General business issues/guidance 7.5 7 0.5 1 0 0 Cleaning business Service Pre-start planning Other Rosemount Rosemount Client is seeking guidance on starting a residential and commercial cleaning service. Initial Consultation;Business Plan Development;Networking/referrals 1.5 0 1.5 1 1 1 Auto Repair Service Existing - Opportunity Municipality Saint Paul Maplewood Minneapolis; Other-Hennepin County; Other- Ramsey County; Saint Paul Dakota; Hennepin; Ramsey Loan Request / Commercial Building Loan Facilitation;Financial Management Assistance;Loan packaging;Initial Consultation 7 0 7 1 1 0 restaurant Food Start-up Municipality South Saint Paul Woodbury Ongoing support for existing client, grant outreach, potential loan request TA for Existing Clients;Loan Facilitation;Other Loan Related 1.5 0 1.5 1 1 0 Early childhood education Service Start-up Other South Saint Paul South Saint Paul Provided business with grant opportunities and assistance with markets & website questions. Business Plan Development;Marketing;Operation/logistic s;TA for Existing Clients 3 1 2 1 1 1 Mexican Restaurant Food Existing - Challenged Municipality South Saint Paul South Saint Paul Looking for a Loan Request of 100k for WC/ Equipment TAActivity;Cash Flow Analysis & Projections;Other Loan Related 9 0 9 1 1 0 Tattoo Parlor Service Existing - Opportunity Municipality South Saint Paul Apple Valley Existing business owner is looking to relocate his business from Newport MN to South Saint Paul. Advising provided on business plans and next steps for financing. Initial Consultation;Business Plan Development;Loan packaging;Networking/referrals;Other Loan Related 3.5 0 3.5 1 1 0 Logistics and organization business Professional / Consulting Start-up Web West Saint Paul West Saint Paul Client is making progress on Business Development - discussed next steps.TA for Existing Clients 0.5 0 0.5 1 0 1 Food truck business opening a restaurant Food Existing - Opportunity MCCD Community Partner/Member Org West Saint Paul Saint Paul West Saint Paul Dakota Existing business looking to expand into a brick and mortar restaurant location. Discussed broker referrals and participation financing with LEDC. Other Loan Related;TA for Existing Clients;Initial Consultation;Networking/referrals 4.5 1.5 3 1 1 0 CRE entity Construction / Real Estate Start-up Bank_Referral West Saint Paul Shakopee Reviewed scheduled interest rate adjustment for an existing loan client TA for Existing Clients 0.75 0 0.75 0 1 1 Restaurant Food Pre-start planning Bank_Referral Eagan Farmington Assistance provided to existing loan client who is in the process of building out his restaurant business. Troubleshooting various business and planning issues. Liaising with lead lender and facilitation additional financing. General business issues/guidance;TA for Existing Clients;Loan Facilitation;Other Loan Related 6.5 6.5 0 0 0 0 Child Care Center Service Start-up Bank_Referral Burnsville Loan Servicing for existing loan client Other Loan Related 0.5 0.5 0 0 0 0 Restaurant Food Start-up Web Eagan Eagan Loan servicing TA for Existing Clients;Other Loan Related 0.75 0 0.75 0 0 0 Clothing Boutique Retail Start-up Municipality Hastings Hastings Ongoing servicing and support for existing loan client.Other Loan Related 0.5 0.5 0 0 0 1 2nd location, restaurant expansion Food Existing - Opportunity Friends_and_Family Minneapolis Maplewood Saint Paul Dakota I am assisting biz assisting biz client with apply for a grant for small Latino restaurants and helping her gather required documents to make sure she will be eligible providing additional TA. Loan Facilitation;General business issues/guidance;TA for Existing Clients 4 3 1 1 1 1 TA HOURS 612.3 300.5 311.8 PROGRAM HOURS 414 227 187 ANNUAL TOTAL 1026 528 499 342,000$ 3,155,000$ 200,000$ 41 64 63