TSBDC earns Eagle Award for small business loans

TSBDC director Larry Rossini, left, with Walter N Perry of the U.S. Small Business Association and L. Anthony Wise Jr., president of Pellissippi State Community College.
TSBDC director Larry Rossini, left, with Walter N. Perry of the U.S. Small Business Administration and L. Anthony Wise Jr., president of Pellissippi State Community College.

Knoxville’s Tennessee Small Business Development Center and Pellissippi State Community College have been recognized for their excellence in facilitating working capital loans to small businesses.

The TSBDC and Pellissippi State recently received the Eagle Award from the U.S. Small Business Administration’s Tennessee District, in recognition of the TSBDC having the highest number of clients assisted with small business loans among all 14 regions within the TSBDC network. The Eagle Award launched in 2013; Pellissippi State’s TSBDC has won the award two of the past three years.

In 2015, TSBDC Knoxville directly assisted seven clients who obtained a cumulative total of more than $4 million in Small Business Administration loans. As reported by the small businesses receiving funding, a cumulative total of 13 jobs were created and 32 jobs retained as a result of the firms receiving SBA loans to finance their capital needs. Four businesses were started with the loans.

“Pellissippi State’s leadership is evident to identify sources of capital for small business owners” said Walter Perry, District Director of SBA’s Tennessee District Office. “And it is through their relationships with East Tennessee lenders that dollars are available to start or expand a small business.” 

 “Pellissippi State’s Small Business Development Center has always been committed to helping businesses in our community find the resources they need in order to be successful” said L. Anthony Wise Jr., president of Pellissippi State Community College. “This recognition by the Small Business Administration is an affirmation of that good work.”

The SBA guarantees small business loans and through a cooperative agreement with Pellissippi State and the TSBDC, provides counseling and training to small business owners. A key component of this assistance is helping small business owners acquire capital through SBA-guaranteed loans made by area lenders. 

 A number of small businesses benefited from this funding, including a veterinarian, winery, restaurant, retail store, transportation services firm, research and development firm and a temporary services agency. Participating East Tennessee lenders assisting Pellissippi State clients included Commercial Bank, Pathway Lending, Peoples Bank, Renaissance Bank and UT Federal Credit Union.

Pellissippi State’s Small Business Development Center serves Blount, Claiborne, Cocke, Jefferson, Knox, Sevier and Union counties.  In 2015, it served 466 clients for a total of 2,135 counseling hours. The TSBDC helped 30 new businesses start up, create 183 new jobs and retain 1,280 jobs. The firms TSBDC aided went on to create more than $11 million in new capital investment into the local economy.

For more information about Pellissippi State’s Small Business Development Center, visit www.tsbdc.org or call 865-246-2663. For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400.

 

Download this press release: TSBDC Eagle Award 2016

Pellissippi State Announcement: Students recognized for outstanding achievement

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Pellissippi State student award winners

Pellissippi State Community College students Brenda Tirado and Mikaela Woods were recently recognized for outstanding academic achievement by being named to the 2016 All-Tennessee Academic Team. The Academic Team is sponsored by USA Today and the Phi Theta Kappa honor society, which recognizes students with a 3.5 grade point average or above at community colleges throughout the Tennessee Board of Regents system. Pictured, from left, are Pellissippi State president L. Anthony Wise Jr., Tirado, Phi Theta Kappa advisor Casey Lambert, Woods, and Phi Theta Kappa advisor Judy Sichler.

Download this textPSCC PTK 2016

Pellissippi State Announcements: Alumni Award

posted in: Alumni, Awards | 0
Pellissippi State Community College seeks nominations for its annual Distinguished Alumni Award at www.pstcc.edu/alumni/award. Anyone can nominate a Pellissippi State alumnus. The deadline to nominate a winner is March 1. The Distinguished Alumni Award is given to an individual in recognition of significant professional achievement, service to the community and support of the college and the Pellissippi State Foundation. For more information, contact Angela Pugh at 865-539-7275 or acpugh@pstcc.edu.
 
Download this press release: PSCC Alumni Award

 

Pellissippi State students finish tops in Math Bowl

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Gabrielle Thress placed first in Tennessee in the 2015 Math Bowl Competition for her scores in precalculus.
Gabrielle Thress placed first in Tennessee in the 2015 Math Bowl Competition for her scores in precalculus.

A group of Pellissippi State Community College students woke early on a Saturday in late November to take part in the annual Pellissippi State Math Bowl.

The competition allows participants to compete for high scores in five divisions: survey of mathematics, calculus A and B, precalculus, and statistics. Students’ test scores are then compared to those of students at other community colleges in Tennessee for statewide prizes.

Pellissippi State student Gabrielle Thress placed first in the state in the precalculus division. Also in the statewide competition, Pellissippi State students Hani Patel and Patrick Stephens placed second and third, respectively, in calculus A, while Chelsey Buchanan and Madison Bauer finished second and third, respectively, in survey of mathematics.

Pellissippi State’s Math Bowl is part of the annual State Mathematics Competition, sponsored by the Tennessee Mathematical Association of Two-Year Colleges. In addition to state prizes, Pellissippi State — thanks to a grant from Oak Ridge Associated Universities — awards its top finishers in each subject with additional cash prizes.

Students who finished in the top three in each test category: Madison Bauer, Chelsey Buchanan, Hong Do, Eryca Henry, Tamia Hurst, Nabel Jaser, Andrew Jerome, Rebecca Lengfellner, Hani Patel, Son Quang, Alec Riden, Patrick Stephens, John Studer, Gabrielle Thress and Victoria Villella.

For more information about Pellissippi State, visit www.pstcc.edu or call (865) 694-6400.

Download this press release: Math Bowl 2015

Nabeel Jaser
Nabeel Jaser
Hong Do, left, and Hani Patel.
Hong Do, left, and Hani Patel.
From left, Son Quang, Madison Bauer and Andrew Jerome.
From left, Son Quang, Madison Bauer and Andrew Jerome.
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