Business Notes


December 29, 2003

16 small businesses approved for loans from county group

Anne Arundel Economic Development Corp.'s Arundel Business Loan Fund approved 16 small-business loans this year for a total of $2.1 million.

The fund offers Small Business Administration-guaranteed loans of up to $300,000 to qualified applicants who do business in the county. The money can be used to acquire, expand or retain a business or to relocate a business to the county.

Businesses receiving loans from the ABL fund this year are:

Anchor Inn, $150,000, a full-service restaurant with 14 boat slips on Tar River in Pasadena.

Cafe Boulevard, $95,000, a bakery and take-out restaurant in Severna Park.

CJM Ventures, $116,000, which opened a yoga studio in Crofton.

Eccentrics Hair Salon, $150,000, an existing business that moved from its original location in Hanover to a location in Odenton.

Emdio Vinceza Escape, $105,000, a full-service beauty salon in Severna Park.

Jalapenos, $178,000, a Spanish/Mexican restaurant in Parole.

Knowledge Management Solutions Inc., $100,000, a new business.

Lamar Fuel Oil, $175,000, a diesel fuel and home heating oil delivery company in Annapolis.

Lawson's on the Hudson, $250,000, a family-owned antique specialty business in Annapolis

Mariner Management and Marketing, $50,000, a new business in Laurel.

Mercado Jewelers, $225,000, which specializes in custom-made jewelry, restoration and antique jewelry repair in Severna Park.

Networking Technology Inc., $150,000, a Pasadena electronic prescription provider.

New Wave Cleaning, $28,000, a cleaning service company in Glen Burnie.

Rita's Italian Ice, $121,000, a franchise store in Odenton.

The Wise Willow, $50,000, a new children's bookstore on Maryland Avenue in Annapolis.

Yachts by Owner, $110,000, a yacht broker business in Eastport.

Information: 410-222-7410.

Caribbean-themed spa opens location in Odenton

Eccentric's Spa Sanctuary recently had its grand opening at 1215 Annapolis Road, Suite 108 in Odenton.

Eccentric's is the first African-American-owned spa in Anne Arundel County. The Caribbean-themed salon and spa features hair, skin, nail and spa services in a tropical environment.

Eccentric's Spa Sanctuary has been recognized as one of the top hair color salons in the country by Celebrity Hairstyles magazine. Information: 410- 305-0600.

Tower Federal opens new credit union branch

Tower Federal Credit Union, the largest federal credit union in Maryland, has opened an office at 8146 Ritchie Highway, south of Jumpers Hole Road, in Pasadena.

Tellers at the 4,100-square- foot branch assist clients on- screen and communicate with them through a microphone or telephone for privacy. Money is exchanged through a cash dispenser to make transactions safer and quicker. The branch also has three drive-through lanes, a drive-through automated teller machine and a second ATM in the entrance.

Financial planner Ludwick wins leadership award

Jim Ludwick, owner of Main Street Financial Planning, has been honored by the Financial Planning Association of Maryland with the 2003 Leadership Award.

Jeffrey Lang, president of the association, praised Ludwick for his vision and energy in stimulating the creation of Financial Education Week in Maryland.

Maryland Financial Education Week, which took place in October, was designed to offer stimulating financial seminars to the public around the state, including several Borders bookstores.

Ludwick is a Maryland- and California-registered investment adviser and certified financial planner. His firm is associated with Garrett Planning Network Inc.


Legal assistance:

The Maryland Volunteer Lawyers Service is a nonprofit organization that provides free or low-cost legal assistance to low-income Maryland residents. The service handles denial of public benefits; will, deed and name changes; and landlord-tenant disputes. Hours are 9 a.m. to 2 p.m. weekdays. 410-547-6537 or 800-510- 0050.

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