Minnesota B&B Blog » For Innkeepers http://www.minnesotabedandbreakfasts.org/blog Bed and Breakfast Association of Minnesota Fri, 23 Jul 2010 22:02:25 +0000 en hourly 1 Count down to BIG Innspiration in the Mini-Apple http://www.minnesotabedandbreakfasts.org/blog/2010/04/count-down-to-big-innspiration-in-the-mini-apple/ http://www.minnesotabedandbreakfasts.org/blog/2010/04/count-down-to-big-innspiration-in-the-mini-apple/#comments Sat, 03 Apr 2010 13:00:26 +0000 Pam Thorsen http://www.minnesotabedandbreakfasts.org/blog/?p=1377 Innkeepers will be gathering at the MBBA annual conference and annual meeting April 18-20 at the Crown Plaza in Brooklyn Park. Highlights this year include Jay Karen as keynote from Professional Association of Innkeepers International (PAII).Also exciting will be the kickoff of the organization’s Green Journey. Classes range from The Art of the Tart to Social Networking made Simple and The Power of Reviews. As always great food and this year’s  entertainment is innkeeper talent Kevin Knox from Nicolin Mansion and his band.     As one innkeeper says, “there is quite simply no better value for my marketing dollar than the annual MBBA conference.”  Vendors expected include Deneen Pottery, bedandbreakfast.com,  Inside Out Solutions, Rustic Ridge Hospitality, My Pillow, Out of The Box Dates, Gilcrest & Soames, Comphy Sheets,  and Nordic Ware and more.

]]> http://www.minnesotabedandbreakfasts.org/blog/2010/04/count-down-to-big-innspiration-in-the-mini-apple/feed/ 0 Economic Recovery for Bed and Breakfasts http://www.minnesotabedandbreakfasts.org/blog/2009/12/economic-recovery-for-bed-and-breakfasts/ http://www.minnesotabedandbreakfasts.org/blog/2009/12/economic-recovery-for-bed-and-breakfasts/#comments Thu, 10 Dec 2009 14:11:34 +0000 Bingham Hall http://www.minnesotabedandbreakfasts.org/blog/?p=1256 Tonight I had the pleasure of talking with John O’Reilly.  John and Sandy own and operate the beautiful Woodland Trails Bed and Breakfast in Hinckley and I can honestly say it’s a little piece of Heaven on earth.  During our conversation we discussed the Small Business Association’s “Arc Loan Program” and I wanted to share it so below is a brief description of the program and links.  If you are a small business it’s worth looking into.

Merry Christmas everyone!

Shannon McKeeth

Bingham Hall Bed and Breakfast – New Ulm

SBA ARC Loan Program

If your small business is stressed meeting expenses during these economic times, the U.S. Small Business Administration has a new loan program designed just for you.

SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability.  Each small business is limited to one ARC loan.

ARC loans will be offered by some SBA lenders for as long as funding is available or until September 30, 2010, whichever comes first.  SBA Participant Lender Fact Sheet

About the ARC Loan Program

ARC Loan Eligibility

Applying for an ARC Loan

Learn How SBA Can Help

SBA ARC Loans for Recovery
(video – external link)

Since June 15, lenders across the country have provided millions of dollars in capital to small businesses through the America’s Recovery Capital (ARC) loan program. Created under the Recovery Act, the temporary ARC program offers interest-free loans to viable small businesses, which carry a 100 percent guaranty from the SBA to the lender and require no fees paid to SBA. Loan proceeds are provided over a six-month period and repayment of the ARC loan principal is deferred for 12 months after the last disbursement of the proceeds. Repayment can extend up to five years.

The ARC loan program is open to any SBA-approved lender. Non-SBA lenders can easily become SBA participants by working with their nearest SBA district office. Businesses interested in applying for an ARC loan should first contact their current lender.

List of lenders who have made ARC loans to date
If you would like to speak directly to a customer service representative about the ARC Loan Program, please call our toll-free number (866-947-8081) Monday through Friday during the hours of 8am to 6pm (Eastern Time).

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