Page 48 - 2014_15CommunityRpt_FlipBookPDF

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1982 Treasurer, the Small Business Administration,
and participating Colorado lenders.
chfa expands mission
to finance businesses Among the first to receive a fixed rate QIC
loan was a tortilla factory in Pueblo, Candy’s
In 1982, during a difficult economic Tortillas. The family-owned and -operated
environment for Colorado, the General company was founded in 1956, and the
Assembly authorized CHFA to administer QIC loan it received in 1984 was used to
programs to strengthen economic purchase equipment and build an addition
development. This work became a to the factory. “The money is important to
permanent part of CHFA’s mission. us right now. We’re forecasting growth of
about 40 percent a year. We’ve been getting
The Quality Investment Capital (QIC) was aggressive in engineering and marketing,
the first commercial loan program under and are going to put our energy into making
CHFA’s expanded mission, and was launched a brand name product,” said owner Anthony
in 1984 in partnership with Colorado’s State Estrada in 1984.

Candy’s Tortilla factory, a business customer in Pueblo