BrightBridge Capital cited as top SBA lender
The Tennessee District of the U.S. Small Business Administration has recognized Chattanooga-based BrightBridge Capital as its Fiscal Year 2019 top dollar and loan volume provider for the Community Advantage and 504 loan programs. The awards, which were delayed due to the COVID-19 pandemic, were announced during the LendersConnect Conference held virtually this month.
As a Certified Development Company, BrightBridge partners with commercial lenders to offer SBA’s 504 loan throughout Tennessee and in select counties in adjacent states. Recent projects include a new manufacturing facility in West Tennessee and a grocery store in Middle Tennessee.
BrightBridge provides SBA’s Community Advantage loans to small businesses, including startups, that cannot obtain conventional financing. “We can make such loans up to $250,000 and usually do not require as much collateral as other small business loans,” said Mike Ohlman, president and CEO of the non-profit economic development agency.
PM Pediatrics is now NiteOwl Pediatrics LLC
PM Pediatrics, a local pediatric after-hours urgent care center, has taken on a new name, NiteOwl Pediatrics.
Operating out of the same office location and offering the same services for Chattanooga families, NiteOwl Pediatrics has a re-focused mission centered on the child’s experience, according to the center.
Under new ownership, NiteOwl will be run by director of operations Emily Dunkel.
“Our focus will continue to be on convenient care, and our trained pediatric staff will ensure that your child’s needs are always our top priority,” Dunkel said.
Airport to conduct aircraft disaster drill
The Chattanooga Airport will conduct a full-scale aircraft disaster drill required by the Federal Aviation Administration on Monday.
The exercise will allow the airport and mutual aid partners across the city and Hamilton County to practice a real-time emergency response and test both the airport’s emergency plan and other agencies’ procedures, the airport said.
The drill will be staged on the west side of the airfield and will not impact normal operations at the airport, according to Lovell Field. The exercise, which will simulate the crash of a jet aircraft, includes role-playing volunteers, first responders and emergency response vehicles. Due to the nature of the live fire training activities in the exercise, smoke and flames may be visible to nearby residents and airport travelers, according to the airport.