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Business in brief, Oct. 9, 2018

October 9, 2018

Presbyterian Medical Center opens in Santa Fe

The new Presbyterian Santa Fe Medical Center opened Oct. 1 as scheduled.

“Our staff was so ready,” said Helen Brooks, the hospital CEO. “After all the training and mock drills, to get back to what everyone is in health care for, taking care of patients, they were delighted.”

The medical center on Wednesday had 11 patients admitted and 49 treated in its emergency and urgent care departments, she said.

The 342,000-square-foot building cost $142 million and took two years to build. Located on Beckner Road near the junction of Cerrillos Road and Interstate 25, the facility is the ninth hospital in Presbyterian Healthcare Services’ system in New Mexico.

Homewise gets grant for low-income lending

Homewise Inc. received $1.125 million from the U.S. Department of Treasury’s Community Development Financial Assistance Fund to finance home purchase, home improvement or refinancing loans for 1,300 modest-income households in New Mexico, the agency announced recently.

Homewise was one of 302 community development financial institutions nationwide to receive an award enabling them to increase lending and investment activity in low-income and economically distressed communities across the country.

The grant will provide funds for loans in Rio Arriba, San Miguel, Taos, Doña Ana and Chaves counties, as well as in Albuquerque.

“Homewise works with borrowers and communities that have challenges to homeownership and are under-served by conventional lenders,” Homewise CEO Mike Loftin said in a news release. “The grant allows us to grow the number of New Mexicans and communities that can experience the transformative power of home ownership.”

SCORE honors Santa Fe small businesses

The Service Corps of Retired Executives handed out awards to four Santa Fe businesses in September.

Each of the four award-winning businesses are SCORE clients.

The Will Murphey Business Excellence Award went to Kelly Egolf of Verde Food Co. Egolf created Verde Food in 2014, after jaw surgery left her seeking an all-natural liquid food source. What started in a borrowed corner of a catering kitchen has grown to a 4,500-square-foot production facility with a dedicated refrigerated commercial truck and a zero-waste mission, according to a SCORE news release.

The award is named for the late Will Murphey, a member of SCORE Santa Fe whose dedication to serving SCORE and its clients from 1996 until his death in 2015 exemplified SCORE’s mission, the release said.

The Business Newcomer Award went to R&R For Vets Inc. Ken Dettelbach, a Vietnam veteran, in 2015 helped a disabled veteran who needed a new roof, which led to more requests for similar work. R&R For Vets turned to SCORE for help creating a 501(c)(3) nonprofit to broaden its services and find funding for more services for more vets, according to SCORE.

The Visionary Award was given to David Fresquez, founder of CareSource Senior Care. CareSource Senior Care was created in 2014 to help build a more effective senior care system in New Mexico. CareSource helps local senior populations age in place at home by providing caregivers and additional resources, according to SCORE.

The Challenge Award went to Franziska Neumann of FTZ by Franziska. Neumann, after 20 years in design and décor, transitioned to web design, taking a client’s concept of success and translating it into a web-based marketing campaign, SCORE said.

SCORE Santa Fe is a nonprofit resource partner of the U.S. Small Business Administration that provides a wide range of products and services to Santa Fe’s small business entrepreneurs and not-for-profit organizations.

The New Mexican

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