Another Grow Tracy Fund AwardedPosted: Feb 3, 2012
February 3, 2012 (TRACY, CA) - Five Star Print & Sign, LLC of Tracy has been awarded a loan under the city’s Grow Tracy Fund.
Five Star Print & Sign. LLC, a local commercial sign maker and printer specializes in large format printing and finishing services including blueprints, A-frames, banners and posters. The company also produces traditional print items like brochures, letterhead, stationary and business cards. The Grow Tracy Fund loan will help the business purchase an extra-large format printer, at 63-inches wide that will allow them to produce larger projects and to direct print onto large boards. The funds will also assist the company to stock inventory to support large printing operations.
Currently, Five Star Print & LLC is the only company in Tracy to have an extra-large format printer.
Five Star Print, LLC established in 2006 by a husband and wife team Homayoun (Homer) and Maria Farahani, previously operated in a retail 1200-square foot building on Grant Line Road. Due to their success and desire to expand, the couple purchased a 2,500 square foot commercial condominium in a Tracy corporate park.
City of Tracy Employee, Ana Reynoso stated, “The Grow Tracy Fund did it again! This is the second loan funded by the program. The city continues to look forward to helping more small businesses grow to their full potential. When a local business succeeds the community succeeds.”
The Grow Tracy Fund is a partnership between the City of Tracy and the Grow America Fund, a subsidiary of the National Development Council (NDC). NDC works in partnership with local, state governments and non-profit organizations to help them build their communities and economies. The City of Tracy provided one million dollars of seed capital to establish the Grow Tracy Fund and NDC will leverage the fund to provide capacity of approximately four million dollars to fund small businesses here in Tracy.
Ana Lilia Reynoso
Development & Engineering Services
City of Tracy / 209.831.6492
Olivia M. Rebanal, Loan Officer, GAF Fund
Director, National Development Council