Name: Drone Workforce Solutions
Location:New Castle, Delaware
Description: Provider of pilot-training programs to would-be and experienced drone operators. Founded by Theophilus Nix, Jr. and Suzanne Nix with the goal of accelerating job creation and new business start-ups in the drone industry, the company provides mentoring and coaching support to alumni to start their own drone operator businesses. The SBA 7(a) loan was originated by First State Community Loan Fund, a Community Development Financial Institution that supports small businesses and community development projects throughout Delaware and southeastern Pennsylvania.
Impact: 2 jobs
Community Benefits: Woman-co-owned business, Minority co-owned business
The loans profiled on this website are current or former holdings of the SBA Loan Fund. The loans highlighted may not be the highest performing loans in the Fund, but a sampling of small business loans with an impact story. The loans mentioned do not necessarily represent all of the loans held in the Fund and investor should not assume that the loans identified and profiled were or will be profitable. A complete list of current holdings for the Fund can be provided by contacting Solomon Hess Capital Management.