SBA’s Tennessee District Office
Encourages Shopping “Small”
#ShopSmall on Saturday, November 28
LaTanya Channel, SBA Tennessee Director, is encouraging consumers to shop at local small businesses on Small Business Saturday. Shopping small small on Saturday, Nov. 28, supports America’s dynamic small business owners and provides critical economic backing to businesses nationwide. This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic. Celebrated each year on the Saturday after Thanksgiving, Small Business Saturday allows consumers to make an impact in their neighborhoods by supporting local small businesses. Last year, an estimated 110 million U.S. consumers shopped small on Small Business Saturday.
Small Business Saturday is about supporting the local businesses in our communities. Shopping small is an opportunity for Americans to support local economies and spur growth during this holiday season and the coming year.
Last year, shoppers came together in full-force to support their local communities, and Small Business Saturday hit a record high with an estimated $19.6 billion in reported spending.
For more information on Small Business Saturday visit www.sba.gov/saturday.
Patricia Bible, Chief Executive Officer of KaTom Restaurant Supply, is ready to outfit your kitchen with all the needed utensils to complete your holiday meals. After reaching out to Community Trust Bank, an SBA participant lender, Patricia realized her dream born out of her garage restaurant equipment business. With the approval of a $2.6 million SBA guaranteed loan, KaTom expanded to an extra 15,000 square feet to their distribution facility and increased their staff from an initial 10 to 200. Patricia's business continues to grow and thrive.
Cosporship Authorization #21-2050-02. SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.