Originally created 04/28/97

Business briefs

The following is information about honors, awards, openings and other news pertaining to businesses and organizations in or of interest to the Augusta area.

BellSouth pledged $30,000 in initial support to co-sponsor the Teacher Resource Center at Fort Discovery, Augusta district manager Merle Temple announced.

Retro, a women's "alternative" clothing and accessory shop, has opened at 1018 Broad St. in the middle of Artists Row. The clothing styles and store decoration follow the alternative music style popular in Athens, Ga., said owner Veronica Brownlee. Hours are noon to 6 p.m. Tuesday to Thursday and noon to midnight Friday.

The Central Savannah River Area Human Resource Association was awarded the 1996 Superior Merit Award. This award recognizes excellence in chapter operations and a commitment to providing outstanding programs and services to its members.

The award was presented by the National Society for Human Resource Management to chapter President Diane Fennig of Augusta State University.

Marsha Temples of Aiken has announced the formation of BACKUP Inc., an information company that specializes in emergency preparedness solutions and products for personal vital records. BACKUP will share an office with ComputerWorks at 1208 Whiskey Road, Suite 101, Aiken; phone (803) 641-0793.

In April, member-borrowers of South Central Farm Credit of Dublin, Ga., received patronage refund checks for 1996, Denis Waldrep, president, announced.

The patronage refund for borrowers of South Central Farm Credit totaled more than $11 million. Borrowers received a refund of 36.57 percent of the interest Farm Credit earned on their loans in 1996. Thirty percent, or $3.3 million, of the refund was paid in cash. The balance was placed in allocated surplus in the names of individual member-borrowers.

Thomson Roofing and Metal Co. has received a 1997 Firestone Inner Circle of Quality Award.

Stowaway Mini Warehouses has opened on Washington Road near the intersection of Interstate 20. The phone number is 651-8833.

GE Capital Small Business Fiance announced that it has been approved by the United States Department of Agriculture as an eligible lender under the department's Rural Business Development Business and Industry Guaranteed Loan Program (B&I Loan Program), allowing GE Capital to provide these loans to businesses in rural communities surrounding Augusta.

Interested businesses can contact David Fiveash in the Atlanta office at 3379 Peachtree Road N.E., Suite 400, Atlanta, Ga., 30326; (404) 814-2214.

GE Capital may provide direct guaranteed loans of up to $25 million to businesses in American's rural communities - defined by the USDA as those with populations of 50,000 or less.

Under the B&I Loan Program, which was developed to improve finance business development in rural areas, the USDA guarantees up to 80 percent of a loan, depending on the dollar amount.

GE Capital Small Business Finance, a SBA preferred lender in 47 SBA districts nationwide, provides both SBA 7(a) and 504 loans.

The Biz Briefs column is a free public service listing of The Augusta Chronicle. Typewritten information about businesses and organizations should be received no later than noon Tuesday.

Please send items to The Augusta Chronicle, Biz Briefs, Newsroom, P.O. Box 1928, Augusta, Ga. 30903; bring them by the News Building at 725 Broad St.; or send a fax to (706) 722-7403. Include a contact name and phone number.


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