Small Business Administration (SBA) names Win Somboonsong of WIN Signature Restaurants Pennsylvania's 2017 Veteran-Owned Small Business of Year.
“It’s wonderful to have the privilege to recognize the achievements of leading veteran-owned Pennsylvania small businesses,” said Antonio (Tony) Leta, U.S. SBA Eastern Pennsylvania Director. “Small businesses owners like Dr. Somboonsong are where the rubber meets the road. SBA and our resource and lending partners are proud to see these American entrepreneurs succeeding and helping drive our nation’s economy.”
“It’s wonderful to receive this award as the Veteran-Owned Business of the Year, because I wholeheartedly credit the successful management – and the success of my businesses – to my Naval training and service. The U.S Navy taught me the importance of making well-informed, decisive decisions and the importance of planning for problems that could arise,” Somboonsong said. “I also give credit tothe SBA 504 loan program as an important factor in the success and expansion of the businesses. I was able to make use of the program’s long term fixed rate financing and preserve capital to support the working capital needed for stabilization and growth.”
Read the Full Press Release from SBA Here