by DAVID RUNK Associated Press Michigan and North Car- olina are the first states to get a share of funding from a new $1.5 billion federal pro- gram aimed at helping cred- itworthy small businesses and manufacturers get loans they need to expand as banks tighten up lending standards, officials announced last Friday. State Small Business Credit Initiative funds are expected to be used by states to help businesses secure 10 times as much in loans from private lenders, meaning the program could encourage $15 billion in loans nation- wide, the Treasury Depart- ment said. Michigan will get $79.1 million and North Car- olina will get $46.1 million. “When small businesses can’t access credit, they can- not create jobs,” U.S. Trea- surer Rosie Rios said in announcing the funding at a Detroit metal stamping facil- ity. Funding for other states is expected to be announced later. The goal is to encour- age job growth. The federal program is partly modeled on a Michi- gan program that used $20 million to help secure $191 million in loans for business- es. Rios was joined by Repub- lican Michigan Gov. Rick Snyder, U.S. Sen. Debbie Stabenow, D-Mich., and U.S. Rep. Gary Peters, D-Mich., for the announcement at United Metal Products, which earlier got a loan with help from the state program. “This is a great example of the entrepreneurial effort we have going here in the state, the dynamic attitude that we’re taking,” said Sny- der, who took office this month. Michigan has lost jobs every year for the past decade, and was the only state to lose population dur- ing that period. It’s had one of the nation’s highest unem- ployment rates at 12.4 per- cent in November. That month, North Carolina’s unemployment rate rose to 9.7 percent as the state led the country in the number of jobs lost. Page 4-B — THE ROMEO OBSERVER — Wednesday, January 26, 2011 _________________________________________________________ PATIENT VISIT $80 NEW $60 EXISTING (586) 752-2861 ROMEO FAMILY HEALTH CARE 239 S. Main Romeo MI 48065 MAJOR MAJOR PRICE REDUCTIONS ON LAB WORK LISTED ON WWW.ROMEOHEALTH.COM Don’t Let the State of the Economy Affect the State of Your Health -No Insurance is No Problem- Prices can change at any time. Special reduced pricing only available when payment is received at time of service. Patients with insurance have the option to pay reduced pricing at time of service and submit supplied paperwork to insurance for reimbursement. • ALL DIGITAL State-of-the-Art Office • DIGITAL X-RAYS 90% Less Radiation • CHAIRSIDE MONITORS for Patient Education DVD or TV 58047 Van Dyke • Suite 101 Washington (586) 207-6013 FREE TEETH WHITENING With exam, cleaning & x-rays. Call for an appointment. Thomas M. Davidson, DDS FREE Consultation Call for an appointment today Consultation www.distinctivedentalpc.com S alahi Heart Clinic Dr. Farouk Salahi Board Certified: - Internal Medicine - Cardiovascular Medicine - Vascular Medicine - Nuclear Cardiology - Cardiac CT Angiography - IBHRE (Cardiac Devices and Heart Ryhthm Specialist) Accepting All Insurances New Patients Welcome • Comprehensive Cardiac & Vascular Management • Heart Rhythm, Pacemaker and Defibrillator Specialist • “Women and Heart Disease” Speaker • Geriatric Cardiology • In-house testing available with state-of-the-art equipment WASHINGTON 67200 Van Dyke, Suite 203 Washington, N. of 31 Mile (586) 752-7575 Fax: (586) 752-0740 ROCHESTER HILLS 1135 W. University Dr. Suite 355 Rochester Hills (248) 601-1755 Fax: (248) 601-1835 Two Locations To Serve You HEARTAND VASCULAR DISEASE PREVENTION AND INTERVENTION Farouk Salahi, MD, FACC, FACP, CCDS Laura E. Zelenak, D.O. & Amie Jakubiak, D.O. BOARD CERTIFIED FAMILY PRACTICE 6672 NEWARK RD., IMLAY CITY 810-724-0591 NOW OPEN UNTIL 5PM MONDAY & WEDNESDAY In Office Lab Testing • X-Ray • Lesion Removal • Wart Removal • Well Baby Visits • Immunizations • Diabetes • Hypertension • Women’sWellness • DOT Physicals MOST INSURANCES ACCEPTED MOST INSURANCES ACCEPTED Including ... Blue Cross Preferred Plus Including ... Blue Cross Preferred Plus and Health Plus PPO and Health Plus PPO ACCEPTING NEW PATIENTS! • Neck & Back Therapy • Sports Physical Therapy • Orthopedic Injuries • Foot & Hand Therapy • Pre & Post Joint Replacement • Vestibular/Balance Disorders 67965 Van Dyke • In front of Wilson Veterinary Clinic Washington/Romeo 586-336-0070 Wellness Program Now Offering PRIVATE PILATES CLASSES PILATES CLASSES Most Insurances Accepted Now Accepting Blue Care Network Blue Care Network Supplies & Equipment Sold. Credit Cards Accepted. Gift Certificates Available. Relieve Tension, Stress, & Pain in our Professional Massage Clinic You Could be Working as a Massage Therapist IN ONLY 4 MONTHS! NEXT CLASS STARTS MARCH 2ND NEXT CLASS STARTS MARCH 2ND Thinking About A New Career? Academy of Massage Academy of Massage & Bodywork, Inc. & Bodywork, Inc. 126 W. St. Clair, Romeo • 586-336-0222 More Info @ www.ambmassage.com Call today for a Free Catalog & Tour • 650 Hour / 16 Week Accelerated Massage Certification Course • Day & Evening Classes DEALER AWARD. Mike and Kate Lochner, center, owners of Invisible Fence Brand of Shelby were recently recog- nized by Invisible Fence®Brand for their dealership’s suc- cess at the company’s 2010 International Dealer of the Year Awards. The Lochners were named the Dealer of the Year in the company’s Pinnacle Division. The Lochners credit the recognition to a work environment based on teamwork. “The secret to our success has been directly tied to what keeps us positive and focused on our goals — working as a team toward a common goal and motivating each other on a daily basis,” said Kate. The International Dealer of the Year Awards recognizes dealers and dealer- ships that represent ideal business models in the Invisible Fence®Brand network. Award recipients excel in a variety of critical business areas including marketing, sales and customer service. (Photo courtesy of Mike Cohen) NEW OWNERSHIP. Rocky’s Party Store has reopened under new ownership in Washington Township. Lomya Romayah, pictured above, and her husband purchased the convenience store and reopened it in July under its original name. “A lot of people come in and say they knew the original owner,” Romayah said. “Now they know the ‘old’ and the ‘new’ Rocky.” A full line of groceries, dairy products and household items are carried at Rocky’s. Beer and wine, including fine wines and microbrews, are also carried with a daily special offered on a popular brand of beer. Sub sandwiches are also carried year round, with hot dogs, pizza and slush beverages available during warmer months. Rocky’s also sells lottery tickets, cigarettes and accepts bottle returns. “It is a clean, one-stop shop in a convenient location,” Romayah said. Visa, MasterCard and EBT are also accepted for added convenience. Rocky’s Party Store is located at 59380 Van Dyke, north of 27 Mile. Business hours are 9 a.m. -11 p.m., Monday-Thursday; 9 a.m.-midnight Friday and Saturday; and noon-8 p.m. on Sunday. Call (586) 207-1508 for more information. (Observer photo by Debi Martone) by KATHY BARKS HOFFMAN Associated Press Michigan’s unemploy- ment rate dropped steeply in December, decreasing to its lowest rate in nearly two years, state officials said last Wednesday. The seasonally adjusted 11.7 percent rate for December was the lowest since January 2009, when it was 11.3 percent. But while 5,000 more people were working, the state’s labor force dropped by 37,000 as discouraged job applicants quit looking for work, according to the state Department of Energy, Labor and Economic Growth. Michigan’s annual unemployment rate for 2010 was 13.1 percent, compared with 13.6 percent for 2009. It’s the first decline in the state’s annu- al jobless rate since 2005. “Overall in 2010, Michi- gan’s labor market stabi- lized after one of the worst labor market years on record in 2009,” said Rick Waclawek, director of DELEG’s Bureau of Labor Market Information and Strategic Initiatives. He noted that employment lev- els in Michigan have been flat since the summer. Michigan’s most recent rate was down considerably from November, when it was 12.4 percent. The national unemployment rate for December was 9.4 percent, down from 9.8 percent. The state’s labor force dropped by 57,000 during 2010, or 1.2 percent, while long-term unemployment rose. The number of indi- viduals out of work for 27 weeks or more increased from 41 percent of all unemployed in 2009 to about 50 percent in 2010. While workers were jobless for an average of 30 weeks in 2009, they were jobless for an average of 40 weeks in 2010. Leisure and hospitality services gained 3,000 jobs in December, but manufac- turing lost 3,000 jobs, the same number lost in trade, transportation and utilities. Over the course of 2010, the biggest employment loss was in government, which saw 15,000 jobs dis- appear. Michigan also lost 5,000 jobs in financial activities, 3,000 in informa- tion, 2,000 in construction and 1,000 in trade, trans- portation and utilities dur- ing the year. Professional and business services also lost 1,000 jobs. During that period, Michigan gained 11,000 manufacturing jobs. Natur- al resources and mining, education and health serv- ices and other services each gained 1,000 jobs. Mich. jobless rate drops steeply to 11.7 percent CRITTENTON RECEIVES DESIGNATION Crittenton Hospital Medical Center has been designated the first gynecological/oncology epicen- ter in the country by Intuitive Surgical Systems, maker of the da Vinci surgical robot. Robotic sur- gery is minimally invasive and has many benefits over traditional surgery. The epicenter program is designed to provide less experienced da Vinci sur- geons from the Midwest the opportunity to observe cases performed by Dr. Douglas Pugmire, medical director of Gynecologic Oncology and Robotic Surgery at Crittenton. “This designation speaks volumes about Crittenton’s commitment to enhanc- ing the health status of the community and estab- lishes its place on the national healthcare stage,” Dr. Pugmire said. Business Briefs Read us online at: www.romeoobserver.com Feds begin $1.5B loan effort to aid small business
b-4 _ 1-26-2011
Mar 30, 2016
PATIENT VISIT PRIVATE PILATES CLASSESPILATESCLASSES • A LL D IGITAL BOARD CERTIFIED FAMILY PRACTICE www.romeoobserver.com Inc.&Bodywork,Inc. Academy of MassageAcademyofMassage & Bodywork, Read us online at: Blue Care NetworkBlueCareNetwork 67965 Van Dyke • In front of Wilson Veterinary Clinic Most Insurances Accepted State-of-the-Art Office More Info@ www.ambmassage.com Call for an appointment today 126 W. St. Clair, Romeo • 586-336-0222 NOW OPEN UNTIL 5PM MONDAY & WEDNESDAY
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by DAVID RUNKAssociated Press
Michigan and North Car-olina are the first states toget a share of funding from anew $1.5 billion federal pro-gram aimed at helping cred-itworthy small businessesand manufacturers get loansthey need to expand asbanks tighten up lendingstandards, officialsannounced last Friday.
State Small BusinessCredit Initiative funds areexpected to be used by statesto help businesses secure 10times as much in loans fromprivate lenders, meaning theprogram could encourage$15 billion in loans nation-wide, the Treasury Depart-ment said. Michigan will get$79.1 million and North Car-
olina will get $46.1 million.“When small businesses
can’t access credit, they can-not create jobs,” U.S. Trea-surer Rosie Rios said inannouncing the funding at aDetroit metal stamping facil-ity.
Funding for other statesis expected to be announcedlater. The goal is to encour-age job growth.
The federal program ispartly modeled on a Michi-gan program that used $20million to help secure $191million in loans for business-es. Rios was joined by Repub-lican Michigan Gov. RickSnyder, U.S. Sen. DebbieStabenow, D-Mich., and U.S.Rep. Gary Peters, D-Mich.,for the announcement atUnited Metal Products,which earlier got a loan withhelp from the state program.
“This is a great exampleof the entrepreneurial effortwe have going here in thestate, the dynamic attitudethat we’re taking,” said Sny-der, who took office thismonth.
Michigan has lost jobsevery year for the pastdecade, and was the onlystate to lose population dur-ing that period. It’s had oneof the nation’s highest unem-ployment rates at 12.4 per-cent in November. Thatmonth, North Carolina’sunemployment rate rose to9.7 percent as the state ledthe country in the number ofjobs lost.
Page 4-B — THE ROMEO OBSERVER — Wednesday, January 26, 2011_________________________________________________________
PATIENT VISIT
$80NEW
$60 EXISTING
(586) 752-2861ROMEO FAMILY HEALTH CARE
239 S. MainRomeo MI 48065
MAJORMAJOR PRICE REDUCTIONS ON LAB WORK LISTED ON WWW.ROMEOHEALTH.COMDon’t Let the State of the Economy Affect the State of Your Health
-No Insurance is No Problem-Prices can change at any time. Special reduced pricing only available when payment is received at time of service. Patients with insurance have the option to pay reduced pricing at time of service and submit supplied paperwork to insurance for reimbursement.
• ALL DIGITAL State-of-the-Art Office
• DIGITAL X-RAYS 90% Less Radiation
• CHAIRSIDE MONITORS for Patient Education DVD or TV
58047 Van Dyke • Suite 101 Washington (586) 207-6013
FREETEETH
WHITENINGWith exam, cleaning
& x-rays. Call for an appointment.
Thomas M. Davidson, DDS
FREE
ConsultationCall for an appointment today
Consultation
www.distinctivedentalpc.com
Salahi Heart Clinic
Dr. Farouk Salahi
Board Certified: - Internal Medicine
- Cardiovascular Medicine- Vascular Medicine
- Nuclear Cardiology- Cardiac CT Angiography- IBHRE (Cardiac Devices
and Heart Ryhthm Specialist)Accepting All Insurances New Patients Welcome
• Comprehensive Cardiac & Vascular Management• Heart Rhythm, Pacemaker
and Defibrillator Specialist• “Women and Heart Disease” Speaker• Geriatric Cardiology• In-house testing available with state-of-the-art equipment
WASHINGTON67200 Van Dyke, Suite 203Washington, N. of 31 Mile
(586) 752-7575 Fax: (586) 752-0740
ROCHESTER HILLS1135 W. University Dr.
Suite 355Rochester Hills
(248) 601-1755Fax: (248) 601-1835
TwoLocations To
Serve You
HEART AND VASCULAR DISEASE PREVENTION AND INTERVENTIONFarouk Salahi, MD, FACC, FACP, CCDS
Laura E. Zelenak, D.O. & Amie Jakubiak, D.O.BOARD CERTIFIED FAMILY PRACTICE
6672 NEWARK RD., IMLAY CITY810-724-0591
NOW OPEN UNTIL 5PM MONDAY & WEDNESDAY
In Office Lab Testing • X-Ray • Lesion Removal• Wart Removal • Well Baby Visits • Immunizations • Diabetes
• Hypertension • Women’s Wellness • DOT Physicals
MOST INSURANCES ACCEPTEDMOST INSURANCES ACCEPTEDIncluding ... Blue Cross Preferred Plus Including ... Blue Cross Preferred Plus
and Health Plus PPOand Health Plus PPO
ACCEPTING NEW PATIENTS!
• Neck & Back Therapy• Sports Physical Therapy• Orthopedic Injuries• Foot & Hand Therapy• Pre & Post Joint Replacement• Vestibular/Balance Disorders
67965 Van Dyke • In front of Wilson Veterinary ClinicWashington/Romeo 586-336-0070
Wellness Program
Now Offering PRIVATE
PILATES CLASSESPILATES CLASSES
Most Insurances Accepted
Now Accepting Blue Care NetworkBlue Care Network
Supplies & Equipment Sold. Credit Cards Accepted. Gift Certificates Available. Relieve Tension, Stress, & Pain in our Professional Massage Clinic
You Could be Working as a Massage Therapist IN ONLY 4 MONTHS!
NEXT CLASS STARTS MARCH 2NDNEXT CLASS STARTS MARCH 2ND
Thinking About A New Career?
Academy of Massage Academy of Massage & Bodywork, Inc.& Bodywork, Inc.126 W. St. Clair, Romeo • 586-336-0222
More Info @ www.ambmassage.com
Call today for a Free Catalog & Tour
• 650 Hour / 16 Week Accelerated Massage Certifi cation Course• Day & Evening Classes
DEALER AWARD. Mike and Kate Lochner, center, ownersof Invisible Fence Brand of Shelby were recently recog-nized by Invisible Fence®Brand for their dealership’s suc-cess at the company’s 2010 International Dealer of theYear Awards. The Lochners were named the Dealer of theYear in the company’s Pinnacle Division. The Lochnerscredit the recognition to a work environment based onteamwork. “The secret to our success has been directlytied to what keeps us positive and focused on our goals —working as a team toward a common goal and motivatingeach other on a daily basis,” said Kate. The InternationalDealer of the Year Awards recognizes dealers and dealer-ships that represent ideal business models in the InvisibleFence®Brand network. Award recipients excel in a varietyof critical business areas including marketing, sales andcustomer service.
(Photo courtesy of Mike Cohen)
NEW OWNERSHIP. Rocky’s Party Store has reopenedunder new ownership in Washington Township. LomyaRomayah, pictured above, and her husband purchasedthe convenience store and reopened it in July under itsoriginal name. “A lot of people come in and say they knewthe original owner,” Romayah said. “Now they know the‘old’ and the ‘new’ Rocky.” A full line of groceries, dairyproducts and household items are carried at Rocky’s. Beerand wine, including fine wines and microbrews, are alsocarried with a daily special offered on a popular brand ofbeer. Sub sandwiches are also carried year round, withhot dogs, pizza and slush beverages available during
warmer months. Rocky’s also sells lottery tickets, cigarettesand accepts bottle returns. “It is a clean, one-stop shop in aconvenient location,” Romayah said. Visa, MasterCard andEBT are also accepted for added convenience. Rocky’sParty Store is located at 59380 Van Dyke, north of 27 Mile.Business hours are 9 a.m. -11 p.m., Monday-Thursday; 9a.m.-midnight Friday and Saturday; and noon-8 p.m. onSunday. Call (586) 207-1508 for more information.
(Observer photo by Debi Martone)
by KATHY BARKSHOFFMAN
Associated Press
Michigan’s unemploy-ment rate dropped steeplyin December, decreasing toits lowest rate in nearlytwo years, state officialssaid last Wednesday.
The seasonally adjusted11.7 percent rate forDecember was the lowestsince January 2009, whenit was 11.3 percent. Butwhile 5,000 more peoplewere working, the state’slabor force dropped by37,000 as discouraged jobapplicants quit looking forwork, according to the stateDepartment of Energy,Labor and EconomicGrowth.
Michigan’s annualunemployment rate for
2010 was 13.1 percent,compared with 13.6 percentfor 2009. It’s the firstdecline in the state’s annu-al jobless rate since 2005.
“Overall in 2010, Michi-gan’s labor market stabi-lized after one of the worstlabor market years onrecord in 2009,” said RickWaclawek, director ofDELEG’s Bureau of LaborMarket Information andStrategic Initiatives. Henoted that employment lev-els in Michigan have beenflat since the summer.
Michigan’s most recentrate was down considerablyfrom November, when itwas 12.4 percent. Thenational unemploymentrate for December was 9.4percent, down from 9.8percent.
The state’s labor force
dropped by 57,000 during2010, or 1.2 percent, whilelong-term unemploymentrose. The number of indi-viduals out of work for 27weeks or more increasedfrom 41 percent of allunemployed in 2009 toabout 50 percent in 2010.While workers were joblessfor an average of 30 weeksin 2009, they were joblessfor an average of 40 weeksin 2010.
Leisure and hospitalityservices gained 3,000 jobsin December, but manufac-turing lost 3,000 jobs, thesame number lost in trade,transportation and utilities.
Over the course of 2010,the biggest employmentloss was in government,which saw 15,000 jobs dis-appear. Michigan also lost5,000 jobs in financialactivities, 3,000 in informa-tion, 2,000 in constructionand 1,000 in trade, trans-portation and utilities dur-ing the year. Professionaland business services alsolost 1,000 jobs.
During that period,Michigan gained 11,000manufacturing jobs. Natur-al resources and mining,education and health serv-ices and other services eachgained 1,000 jobs.
Mich. jobless rate drops steeply to 11.7 percent
CRITTENTON RECEIVES DESIGNATIONCrittenton Hospital Medical Center has been
designated the first gynecological/oncology epicen-ter in the country by Intuitive Surgical Systems,maker of the da Vinci surgical robot. Robotic sur-gery is minimally invasive and has many benefitsover traditional surgery. The epicenter program isdesigned to provide less experienced da Vinci sur-geons from the Midwest the opportunity to observecases performed by Dr. Douglas Pugmire, medicaldirector of Gynecologic Oncology and RoboticSurgery at Crittenton. “This designation speaksvolumes about Crittenton’s commitment to enhanc-ing the health status of the community and estab-lishes its place on the national healthcare stage,”Dr. Pugmire said.
Business Briefs
Read us online at:www.romeoobserver.com
Feds begin $1.5B loaneffort to aid small business
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