WEST PLAINS, MO – The UPS Store in West Plains is under new ownership – Sarah Blasi recently purchased the business with the help of the Ozarks Small Business Incubator’s (OzSBI) Microloan Fund. In addition to traditional financing from Wood & Huston Bank, Sarah received gap financing from OzSBI to cover the costs of upgrading outdated equipment.
The UPS Store offers quality shipping and printing services to West Plains and surrounding areas. “This is such a great opportunity to bless my community with quality services at The UPS Store. I can’t wait to see everyone there!” Sarah stated.
Microloans of up to $50,000 are available to qualifying businesses in Douglas, Howell, Oregon, Ozark, Shannon, Texas and Wright counties and within the city limits of Mammoth Spring, AR. The goal of the program is to stimulate the local economy by providing startup and expansion loans to new and existing businesses. Microloans may be used as direct loans, seed capital, or “gap” financing combined with other lending. The application process is similar to a traditional bank loan application. The main qualifiers for consideration are good credit and a sound financial plan.
For more information about the Ozark Small Business Incubator microloan program, please visit www.ozsbi.com or call 417-256-9724
