BANK OF AMERICA CONFERS SMALL BUSINESS AWARDS.Byline: Chris Sieroty Staff Writer Revolution Eyewear co-founder Gary Martin Gary Martin may refer to:
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. on Wednesday as the top winner in the bank's 1999 Small Business Awards. However, Zelman said, ``The financial reward was a bonus - we feel the prestige of the award is most valuable.'' The Van Nuys-based manufacturer of clip-on sunglasses sunglasses A tinted pair of glasses used to ↓ light arriving at the eye, which are labeled according to the amount of UV light blocked; nonprescription glasses are classified according to use and amount of UV radiation blocked Sunglasses was created in 1993 by Zelman and his co-founder, Roland Messih, in Messih's garage. ``Revolution Eyewear sales are expected to reach $7 million in 1999, and double by the end of next year,'' said Zelman. The Bank of America Small Business Awards recognize small businesses in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County for their outstanding enterprise, innovation and community service. In order to be eligible, companies must be more than 3 years old, profitable for two years, and have gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. of $10 million or less annually. Other winners were: Photo Max Film Supplies, based in Glendale and owned by Seung Soo Lim, which is ranked sixth on Dun & Bradstreet and Entrepreneur Magazine's list of top 10 minority-owned small businesses in the nation. Valencia Auto Spa, located in Valencia and owned by Dave Wilke and Randy Cressall, which was recognized for the more than $75,000 raised for local nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. . Martec Construction Inc., based in Granada Hills, whose owner, Omar Marhaba, was severely burned in a fire but recovered and rebuilt a business that provides services to many local companies. Motek, a Beverly Hills-based inventory software company owned by Ann S. Price. Motek's software was placed on permanent display in the Information Age exhibit at the Smithsonian Institution Smithsonian Institution, research and education center, at Washington, D.C.; founded 1846 under terms of the will of James Smithson of London, who in 1829 bequeathed his fortune to the United States to create an establishment for the "increase and diffusion of in Washington, D.C. BakeAway Delux Baked Goods in Los Angeles, whose owner, Jackie Ravel Knezevich, spends much of her time working on behalf of crime victims in Los Angeles. |
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