2005 SBA AWARDS: Small Business Excellence Award Winners: Light Rental PropertiesLIGHT RENTAL PROPERTIES Owner: Kenneth D. Light Headquarters: Syracuse Established: 2004 Type of Business: NAPA retail store Selected By: Bank of America Financing: 2005 SBA 504 loan of $293,000 to purchase the Rome NAPA store and additional warehouse space Business Profile: Ken Light owns three NAPA stores in Central New York, in Rome, Camden, and Herkimer. Light has been the owner and operator of NAPA stores for 20 years. Last year, he had an opportunity to purchase the existing retail store in Rome or move to another location. Light chose to keep the well-established business in Rome and expand his business by also purchasing the building next door to warehouse inventory. He used an SBA 504 loan through New York Business Development Center and the New York State Link Deposit Program to make the opportunity became a reality. Light employs 20 people in the three locations. © 2005 Central New York Business Journal Provided by ProQuest LLC. All Rights Reserved.
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