Lone Wolf Recovery – David Yurek
Local business benefits from Southwest Initiative Foundation microloan program
Winsted, Minn.—David Yurek recently received loan assistance from the Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program for the purchase of Recovery Resources in Winsted, a chemical dependency treatment center located at 471 2nd St. N. Yurek is a licensed alcohol and drug counselor with a B.A. in Psychology and has been employed as a counselor at Recovery Resources since 2000. He will be starting up his business as Lone Wolf Recovery.
Lone Wolf Recovery is an outpatient-based service, with a good reputation for serving the McLeod, Carver, Meeker and Wright county area for over 20 years. Services will continue to be offered in treatment of alcohol and drug use issues, as well as assessments, anger management and recovery coaching. Business hours are weekdays from 9 a.m. to 9 p.m. Yurek may be contacted at 320-485-2323 to inquire about services.
“Southwest Initiative Foundation is very pleased to assist David with the purchase of this business,” said SWIF Program Coordinator Berny Berger.
The SWIF loan proceeds were used to purchase business assets and for working capital.
Loan programs have been a key function of SWIF since its inception as a way to support communities and businesses throughout southwest Minnesota. In 2001, microlending was added to existing programs as a tool to support small businesses and people looking for self-employment opportunities by providing market-rate loans.
Microloan clients receive free technical assistance from SWIF staff—all who have personal business experience—to improve their business management skills, from business planning to reading financials to marketing and other training opportunities for the life of the loan.
This microloan program receives funding assistance from the U.S. Small Business Administration and U.S. Department of Agriculture. For more information, contact SWIF at 800-594-9480, 320-587-4848 or firstname.lastname@example.org.
The Southwest Initiative Foundation is a single connection offering unlimited possibilities to grow and promote people, businesses, entrepreneurs and communities in rural southwest Minnesota. As a regional community foundation, SWIF has contributed more than $64 million through its grant and loan programs. SWIF has helped more than 630 businesses start or expand through its business finance programs, which have created or retained more than 8,000 jobs. SWIF has also established 16 Early Childhood Initiative coalitions, more than 50 Youth Energy Summit teams, 24 community foundations and more than 80 other funds. The Southwest Initiative Foundation is an equal opportunity provider and employer. To learn more, visit www.swifoundation.org.