Indianapolis Recorder, Indianapolis, Marion County, 7 January 1967 — Page 2

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THE INDIANAPOLIS RECORDER

Jonuory 1, 1967

OZMANSmmkV 1082 Udell^t.udeul 0 & cufton WA. 3-0677 UBC SUNDAY to THURSDAY 9 A.M. to 0 P.M. cl ak . n a IIKS.FRIDAY & SATURDAY 9 A.M. to 10 P.M >UN. V - » THIS WEEKEND FOOD BARGAINS •

WHOLE FRYERS

lb.

29c

NECK BONES 5 PIG FEET lbs.

S-|0S

SLICED

JOWL

L $139

ROLL SAUSAGE

FRANKS / • PORK RIBBLETS SMALL BONES

3 ,°r i $i i7

IN THE PIECE Bologna

SMOKED

picnics ib. 37c

avwa!e lb SPARE RIBS

39c

• FRESH PRODUCE DAILY

ALL PURPOSE 1 JO POTATOES 10 lbs. 4VC

MANY MORE FOOD BARGAINS •

GRAPEFRUIT 4 ^or 29c

WE RESERVE THE RIGHT TO LIMIT QUANTITIES

HD. LETTUCE hd.l 15c

SURPLUS FOOD STAMPS ACCEPTED

Displaced businesses may be aided by S.B.A. loans

new location may be somewhat higher than previously paid. In the case of a new, rented location, to provide working capital for any increased rental and other operating costs for a reasonable period

of time.

3. To make lease hold im-

The Small Business Adminis- nancing. For example, it will tration has a pending program not„make a loan if the funds

designed to assist business received from condemnation _ __ firms, which will have to be re- are used for^^purposes other provements on rental properstruction project now underway ness. A business also is in- % To re piace machinery and in this area. eligible for a loan if it was equipment, with reasonable The program is described on established or acquired, or if upgrading permitted (however, the fact sheet listed below: there was a substantial change the trade-in value of old Fact Sheet Displaces Small in its ownership, after approval equipment, or funds derive Busni^sses — Economic Injury of the Federally aided pro- from sale ^ it must be ap pii e( i Disaster Loans. gram. Further, a loan will not tqward the cost replacement). WHO IS ELIGIBLE FOR A J* . I P ad ® lf . funds are available 5 To purchase a larger“or LOAN? Any small business ‘° hl f' Sources' different Type of invent re" which suffers physical dis- a ? 1 f. terms from other sources . i ocation placement as a result of a Fed- of financing, or through use of, qulrM inew locatlon -

The maximum maturity is 30 years. SBA’s interest. rate on displaced business loan is set yearly according to a statutory formula. The current rate is 4V^ percent through June 30, 1967. APPLYING FOR A LOAN. A businessman may apply for a displaced business loan at the Indianapolis SBA office, U.S. Post Office Building, Indianapolis, Ind.

own

resources

without^ 6. To meet moving expenses

highway? 1 oTother Construction causing him undue hardship,

program and suffers substan- USE OF FUNDS. An SBA , , diVpSeT injUry bCMUSe ° £ uie P d a fCr d t b hc S sc ne p S urp 0 os n es may ^ “n pr^eC

The SBA funds are intended l. To purchase and if necesto help re-establish the busi- sary remodel a building at a

ness in a new location. They new location, or to acquire land ., , . , supplemented funds the firm and construct a building, establishing the business, less

funds the small firm has re-

which exceed the amount given the small firm by the public

involved in the con-

AMOUNT OF LOAN. The amount SBA will lend depends on the. estimated cost or re-

has

received from the public whether or not such firm own-

ed its previous premises. To

ceived as damages or moving

agency involved as compensa- „„

tion for the taking of property qualify for such loan, appli- F,^N" Se ^of" d iI let K C ^ii^ enmat uT > j n

and other losses.

WHO IS ELIGIBLE? There are a few circumstances in

which SBA will not provide fi- price even though rent at the

■■ J

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DR. JOSEPH E.

KERNEL

OPTOMETRIST

Traction Terminal Building

104 NORTH ILLINOIS STREET

ME. 5-3568

cant must furnish proof that' Paid it by^he public suitable quarters are not avail- ?l? ency or a ' v arded^t by a court, able for rent at a reasonable The am °u n t must of course be

consistent with the economic injury the firm has suffered

through displacement.

COLIATERAL. A business must pledge whatever collateral or give such guarantees, as it can. When an SBA loan is used to acquire realty or fixed asset these must be pledged as

security for the loan.

Applicant should furnish balance sheets and profit and loans statements for past five fiscal years if the firm has op-

erated five years or more.

LOAN TERMS. A loan must be repaid by the earliest possible date, but maturity is based on the needs of the small firm and its ability to repay.

CALL ME!

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YOUR INSURANCE MAN ... is a good man to know FOWLER—HE'S YOUR MAN —

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VISIT OUR NEW OFFICES

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His experience with all types of insurance is a valuable ally when insurance problems arise. He is eager to give you honest, sincere counsel for he knows that to be fully protected, you must hove the RIGHT insurance for your needs. Feel free to call on him at any time!

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Our newly constructed air-conditioned Jim Fowler Insurance Agency offices located at 3616 Northwestern Ave.

Here is a partial list of the insurance written by his agency, any place in the State of Indiana: • Automobile, All Forms. • Package Dwelling Policies. • “AH Risks” Floater Policies. • Personal Theft. • Comprehensive Personal Liability. • Professional Liability. • Burglary and Robbery Policies. • Plate Glass. • Bonds — SR-22’s (while you wait) • Business Liability • Business Interruption • Fire, Lightning, Wind (any location in the city) Premium Financing Available Underage • - 25 Special Policy For Drivers Training Overage - - 65 ' Special Policy With Medical Application Don’t Drive Uninsured - See Us Today!

Roosevelt Mumford, special agent for the Jim Fowler Insurance Agency, is a graduate of Crispus Attucks High School and attended Tiiskegee Institute. Here Mr. Mumford instructs Miss Joane Waldon, secretary in the firm, on a new policy application.

Miss Mary Frances Cox, graduate of Decatur Central and former student at Indiana University, is the charming receptionist at the Jim Fowler Insurance Agency.

JIM FOWLER

The very efficient secretary in the- underwriters depart ment of the Jim Fowler Insurance Agency is Miss Mary Frances Kelly who finished high school in Richmond, Ind. Miss Kelly is a graduate of Porter's Business College.

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INSURANCE AGENCY

3616 Northwestern Ave.e 923-6388

DO YOU HAVE

MONEY!

AFNB CUM CARD

WELCOME

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MEDIAS

AN AFNB CHARGE CARD MEN'S WEAR

MIDWINTER

SALE

All Shirts-AII Sweaters

Men's Wear 506 Ind. Ave.