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SAN <br />TO BUSINESS <br />Updates <br />WASHINGTON COUNTY <br />Open To Business <br />Tyler Hilsabeck - Business Advisor <br />1 /1 /2019 - 12/31 /2019 <br />Clients Served - 110 <br />Business Stage: <br />New Entrepreneurs/Start-up- 58 <br />Existing Business - 45 <br />Client Inquiry - 7* <br />*Many Client Inquiries turn into meetings later. <br />Program Hours: <br />(Includes Direct Client Hours, Program <br />Outreach & Marketing, Public Events/City <br />Meetings, Data Collection and <br />Administration) <br />Total Program Hours <br />1 st QTR : <br />506 hours <br />2nd QTR: <br />501 hours <br />3rd QTR: <br />480 hours <br />4t" QRT: <br />460 hours <br />Total 2019: <br />1,947 hours <br />Financina thru 12/31 /19 <br />Loans Approved: 14 <br />Open to Business Amount: $734,566 <br />*Leveraged: $6,006,631 <br />Total Investment: $6,741,197 <br />* Leveraged: Includes Bank Financing/Owner <br />Equity/Other Outside Financing) <br />* Financing was approved to assist the opening of 8 <br />businesses and additional investment in 6 existing <br />businesses. <br />Referral Source <br />City Website/Newsletters/Utility Inserts - 53 <br />Other Marketing/Networking/Internet - 18 <br />Bank Referral - 24 <br />Friends/Family - 15 <br />Industry Segment <br />Service - 43 <br />Retail - 14 <br />Food - 28 <br />Manufacturing - 6 <br />Construction/Real Estate - 3 <br />Professional/Consulting - 8 <br />Health and Fitness - 8 <br />Client City (Residence/Business <br />Afton <br />(1/1) <br />Bayport <br />(1/1) <br />Cottage Grove <br />(10/9) <br />Dellwood <br />(1/1) <br />Forest Lake <br />(16/6) <br />Hastings <br />(3/2) <br />Hugo <br />(6/6) <br />Lake Elmo <br />(1/1) <br />Mahtomedi <br />(2/1) <br />Marine on St. Cr. <br />(1/2) <br />Newport <br />(2/2) <br />Oakdale <br />(8/8) <br />Scandia <br />(4/4) <br />Stillwater <br />(26/27) <br />White Bear Lake <br />(0/1) <br />Willernie <br />(3/4) <br />Woodbury <br />(20/22) <br />