Success Stories

Color-Ware Inc.

The Port Authority made a loan of $145,000 in December 2009 to Structured

Holding LLC of Winona.  The funding was used to acquire the building the

company, Color-Ware Inc. had previously leased.  Since the loan, the company

has increased employment and sales.

Color-Ware sells custom colored and engraved versions of computers and

portable electronics.   Color-Ware can color a device you already own.  Until

three years ago, Color-Ware offered it's products--iPods, laptops from Apple,

Dell, and IBM, and gaming consoles, all in 28 colors--only to consumers.  But

then the company tapped the corporate market, which now accounts for 75

percent sales, such as when Jaguar orders 300 iPods at a time in British

racing green.

Inc. 500 Special Issue - September 2007
(excerpt taken from the magazine)
Color-Ware NO. 108
1,494.9% Three-Year Growth
Revenue: $4 million Employees: 30
Founded: 2000 Winona, MN

One of the goals in establishing the Revolving Loan Fund was to stimulate

private sector investment resulting in the creation of permanent, private sector

jobs and increasing productivity.  The fund has stimulated private investment

and leveraging the private sector dollars has expanded the amount of capital

available to small businesses.