Surry Business

For and about business in Surry County, N.C., including Dobson, Elkin, Lowgap, Pilot Mountain and Mount Airy

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Entries from October 2007

Goodwill Industries will open new store Nov. 7

October 31st, 2007 · No Comments

Goodwill Industries will open its new 13,000-square-foot facility at 1986 Rockford St. (on U.S. 601) in Mount Airy at 8 a.m. Wednesday, Nov. 7. The building has 9,000 square feet of retail space, 1,000 square feet for future workforce training and development services and much more room for processing, repairing and storing donated items. The […]

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Tags: Businesses · Construction

Check your school’s report card for 2006-07

October 30th, 2007 · No Comments

School district and individual schools’ report cards for 2006-07 have been posted on the web at NCSchoolReportCard.org by the N.C. Department of Public Instruction. The annual reports provide information about school enrollment (by gender and race or ethnic background), students’ performance on standardized tests, teachers’ qualifications, safety and security, sources of funding, access to computers […]

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Tags: Education

Surrey Bancorp’s quarterly earnings up 1.3 percent

October 30th, 2007 · No Comments

Surrey Bancorp, the Mount Airy-based bank holding company that owns Surrey Bank & Trust, today announced third-quarter earnings of $742,758, or $.21 per fully diluted share. The earnings are 1.3 percent higher than in the third quarter of 2006. The higher earnings resulted from increases in net interest income and non-interest income that narrowly outpaced […]

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Tags: Finance

Surry Partnership’s Rhyne seeking new business

October 29th, 2007 · No Comments

Robin Rhyne, president of the Surry County Economic Development Partnership, is one of four representatives from the Piedmont Triad Partnership who are in the Dallas-Fort Worth area this week to promote the region and attend a conference. The group will meet with real estate and site selection consultants as well as attend the 7×24 Exchange […]

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Tags: Economic development

New consortium of counties promotes regional tourism

October 29th, 2007 · No Comments

A new regional consortium is promoting tourism in Surry County and six neighboring counties in northwest North Carolina and southwest Virginia. The first result of this collaboration is a portal web site, BlueRidgeHeartland.com, commissioned by the North Carolina & Virginia Regional Tourism Board on behalf of the Northwest North Carolina/Southwest Virginia Regional Tourism Initiative. The […]

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Tags: Businesses · Economic development · Tourism

Bank of America is No. 1 national SBA lender

October 29th, 2007 · No Comments

Bank of America today announced that it has been named the top Small Business Administration (SBA) lender in the nation for the tenth consecutive year. Bank of America made 10,878 SBA 7(a) loans with an average amount of $30,863 and totaling $335,728,500 to entrepreneurs during the 2007 SBA fiscal year, which runs from Oct. 1, […]

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Tags: Finance

Surrey Bank is SBA’s top community bank in two states

October 29th, 2007 · No Comments

Surrey Bank & Trust has been named the U.S. Small Business Administration’s “North Carolina Community Bank Lender of the Year” for the fourth time in the past five years. During the fiscal year from Oct. 1, 2006, through Sept. 30, 2007, the Mount Airy, N.C.-based bank was also the most active community bank lender in […]

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Tags: Businesses · Finance

Countrywide Financial, other lenders may renegotiate loans

October 29th, 2007 · No Comments

Countrywide Financial Corp., the nation’s largest mortgage lender, announced it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008. Other financial institutions also may help financially strapped borrowers hang on to their homes, The Associated Press reported Sunday. Moody’s […]

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Tags: Finance

Piedmont Triad unemployment rate falls

October 29th, 2007 · No Comments

The 12-county Piedmont Triad area’s unemployment rate dropped from 4.9 percent in August to 4.7 percent in September. “Numbers since January and over the past year continue to remain positive,” said Harry Payne Jr., chairman of the N.C. Employment Security Commission. In the total labor force of 822,313, about 38,500 people filed unemployment claims in […]

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Tags: Economic development · Workforce

Elkin district added to National Register of Historic Places

October 29th, 2007 · No Comments

The Gwyn Avenue neighborhood in Elkin, including parts of Millview Road and Spring, North Bridge and Church streets, has been added to the National Register of Historic Places. The long-sought recognition — work on the application began three years ago — may make tax credits available for renovation and restoration work. Being on the National […]

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Tags: Construction · Economic development · Tourism