Karen Mills, administrator of the Small Business Association recently toured a local business to promote the Small Business Association’s 504 lending program on January 25, the day after President Obama’s State of the Union speech.
According to Mills’ personal blog post, Always Bagels, located in Lebanon, Pa., has been in business for 20 years and now produces 400,000 bagels a day. Mills was able to tour the manufacturing facilities that allow Always Bagels to produce 5% of the bagels sold in the Pa. market.
The company took advantage of the 504 lending program to expand and build a second plant. An article from the Lebanon Daily News reports that Always Bagels now employs nearly 100 people.
Lebanon Daily News also reported that company president Tony Pariti said that SBA was “instrumental in bringing the plant to Lebanon Country.” Lending has allowed the company, originally started in Port Jefferson, N.Y., to expand into Lebanon. With continued success Always Bagels has possible plans to expand further into nearby Norfolk.
Jamie Pariti of Always Bagels, plant manager and son of the company’s founder,
explains product production to SBA Administrator Karen Mills.