Londonderry Company one of SBA 100

Oct 03, 2011 No Comments by

Ride-Away Handicap Equipment Corporation, headquartered in Londonderry, NH, is one of the SBA 100 companies, the United States Small Business Administration has recently announced. The SBA 100 features one hundred businesses that have created at least 100 jobs since receiving assistance from the SBA.

Ride-Away began in 1986 and obtained their first SBA loan in 1991, when just 14 were employed by the company. Since then, the company has grown to employ 165 and have become the nation’s largest provider of wheelchair vans, with 12 offices in nine states from Maine to Florida.

The company also believes in giving back to the community. Ride-Away donates 10% of their earnings to more than twenty local, regional and national charitable organizations that assist individuals and families flourish in the face of adversity.

Recently, SBA Deputy Administrator Marie Johns, SBA Regional Administrator Jeanne Hulit and District Director for the SBA in New Hampshire Greta Johansson toured the Londonderry Ride-Away Headquarters. “Ride-Away is an outstanding example of a business that has used SBA’s capital access programs well. Their growth over 25 years speaks volumes about the importance of small businesses during our nation’s economic recovery,” commented Ms. Johansson.

Jeanne Hulit added, “There is something special underway at Ride-Away. The talented staff, led by Mark Lore, continues to develop and deliver technological solutions that enable their clients to transport themselves again after losing that ability due to injury or disease. The work at Ride-Away creates positive life changing events for their clients and families each and every day. Their corporate slogan of ‘We Deliver Freedom’ truly characterizes their vision and their mission.”

The SBA provides small businesses with the tools and resources they need to grow and create jobs. The SBA 100 is a cross-section of the diverse array of businesses that stand to benefit from SBA assistance. With the help of SBA, the SBA 100 companies have succeeded and created thousands of jobs across America. Each of the SBA 100 business received SBA support in the form of capital, contracting, counseling or investment before going on to create at least 100 jobs.

Business

About the author

Jacklynn has been a resident in Londonderry since the age of 5. She grew up in a quiet neighborhood and went through the great school system. She has fond memories of bike riding through town in the spring and summer, sledding in the winter, and apple and pumpkin picking in the fall. She now has children of her own and looks forward to raising them in the same town she enjoyed so much as a youth.
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