Hartford Business Journal

www.HartfordBusiness.com • June 15, 2020 • Hartford Business Journal 13 FOCUS: SMALL BUSINESS flexibility. Making changes to your expense base now may provide the reserve needed when you reopen or ramp-up your business. Q. What's been the advice around companies tapping the Paycheck Protection Program? A. For our advisors, there have been two approaches to consider as it relates to the Paycheck Protection Program. First, forgiveness is not binary. The loan can be forgiven in portions. And don't be afraid of turning it into a loan to get you through this very hard time. The worst case scenario is you can use this as an extremely low-interest rate loan. Over the last two months, helping businesses understand the struc- ture and restrictions of the PPP program has probably taken nearly half our overall time. Because of the forgivable nature of the loan, the majority of businesses have been laser-focused on trying to maximize their forgiveness. In many cases, however, business owners have started to take their eye off the larger issues in terms of their survival and recovery. For many of them, we've been advising not to get so focused on obtaining 100% forgiveness that they make bad short-term decisions that nega- tively impact their ability to recover and maintain appropriate cash flow and business continuity. THE LIST Largest minority-owned businesses in Greater Hartford Ranked by number of local employees and then total employees as of March 2020 Source: Each company via survey. Notes: Companies included on this list self-report as minority-owned businesses. Some businesses may not hold current Minority Business Enterprise (MBE) certification. IT = information technology, MS = Microsoft, NA = Not available. (1) Also woman-owned. (2) Acquired by Ampcus Inc. of Va. in January 2020; will remain head- quartered in Farmington and retain name and brand. (3) With a second location at 34 Dell Manor Drive, Bristol. —Compiled by Heide Martin. Largest minority-owned businesses in Greater Hartford (Ranked by number of local employees and then total employees as of March 2020) Rank Company No. employees Local/ Total Sales FY 2019/ FY 2018 Minority group Description Person in charge/ Year founded 1 Charter Oak Building Maintenance Inc. 3466 Main St. Hartford, CT 06120 860-632-5667; www.cobm.net 260 260 NA NA Hispanic (1) Facility maintenance and janitorial services Kenia M. Thomas CEO 1988 2 AI Engineers, Inc. 919 Middle St. Middletown, CT 06457 860-635-7740; www.aiengineers.com 130 215 $42,300,000 $37,200,000 South Asian Full-service consulting engineering firm specializing in bridges, transportation, construction, civil/site, water/wastewater, survey and mapping, building systems and design-build services Abul Islam President & CEO 1991 3 GM2 Associates Inc. 115 Glastonbury Blvd. Glastonbury, CT 06033 860-659-1416; www.gm2inc.com 75 95 $13,000,000 $13,000,000 Indian Firm providing comprehensive engineering and survey services to federal, state, municipal and private clients Manish K. Gupta President 1988 4 Garg Consulting Services Inc. 2096A Silas Deane Highway Rocky Hill, CT 06067 (860) 563-0582; www.gargengineering.com 51 83 NA NA Asian Pacific, American and Pacific Islander Multi-disciplinary engineering firm headquartered in Rocky Hill with an office in Princeton, N.J. Eugene Y. Chuang President & CEO 1990 5 DACRUZ Manufacturing 100 Broderick Road Bristol, CT 06010 860-584-5315; www.dacruzmfg.com 45 45 NA NA Hispanic- Iberian Peninsula Contract manufacturer, precision machined components; serving the automotive, aerospace, industrial hardware and medical metals industries: ferrous, non-ferrous, high temp alloys and plastics Victor P. DaCruz Owner & president 1981 6 Secure Tek Solutions 111 Founders Plaza, Suite 1002 East Hartford, CT 06108 860-760-0313; www.secureteksolutions.com 42 42 NA NA African American Engineering, construction and manufacturing staffing Javon Overstreet Managing partner 2010 7 Freeman Cos. LLC 36 John St. Hartford, CT 06106 860-251-9550; www.freemancos.com 37 37 $5,600,000 $5,500,000 African American Surveying, landscape architecture, civil, geotech, transportation, traffic, bridge/structure engineering, environmental sciences, hazardous materials, construction support and owner's representation Rohan A. Freeman President 2009 8 Floyd Manufacturing Inc. 5 Pasco Hill Road Cromwell, CT 06416 860-829-1803; www.floydmfg.com 36 36 $4,900.000 $6.036,300 African American Manufacturer of precision-automotive products Alfonso Floyd President 1987 9 iTech Solutions Inc. (2) 20 Stanford Drive Farmington, CT 06032 860-674-1636; www.itechsolutions.com 30 195 NA NA Indian American Information technology staffing, consulting and recruiting services Ann Ramakumaran CEO 1995 10 Jay's Landscaping 473 Sullivan Ave. South Windsor, CT 06074 860-282-9496; www.jayslandscaping.com 30 30 NA NA Native American Landscape construction Jay Murtha Sole member 1999 11 Interpreters and Translators Inc. 232 Williams St. East Glastonbury, CT 06033 860-647-0686; ititranslates.com 29 30 NA NA Hispanic Multicultural language solution provider for a variety of industries including healthcare, manufacturing, aerospace, education, government, legal, marketing and corporations Francesco and Elby Pagano President & CEO 1986 12 Springfield Spring & Stamping Corp. 24 Dell Manor Drive Bristol, CT 06010 (3) 860-584-6560; www.springfieldspring.com 26 58 $10,500,000 $10,000,000 Hispanic Manufacturer of precision-engineered compression springs, extension springs, torsion springs, stampings and light assemblies; medical and commercial registered quality management Norman L. Rodriques President 1942 13 Martinez Couch & Associates LLC 1084 Cromwell Ave., Suite A-2 Rocky Hill, CT 06067 860-436-4364; www.MartinezCouch.com 26 26 NA NA Hispanic Civil, water and waste water engineering, land and construction surveying, asset management, environmental and regulatory compliance and permitting, construction administration services A. Rafael Martinez Managing member 1999 14 The Computer Co. Inc. 15 Commerce Drive Cromwell, CT 06416 860-635-0500; www.computercompany.net 22 24 NA NA Asian (1) IT services, computer networking, MS exchange, server replacements, virtual servers, help desk support, security, programming, web development, design and hosting and data center Eileen Hasson President 1996 15 Russell and Dawson Inc. 1111 Main St. East Hartford, CT 06108 860-289-1100; www.rdaep.com 19 39 $1,330,000 $1,580,000 South Asian Architecture, space planning, structural, mechanical and electrical engineering, construction administration, programming, interior design, code compliance and historic preservation Chirag Thaker President 1965 16 Zuvic, Carr and Associates Inc. 40 Cold Spring Road Rocky Hill, CT 06067 860-436-4901; www.zuvic.com 18 18 NA NA Hispanic (1) Full-service civil and environmental engineering consulting firm Marici Zuvic President 1988 17 Orissa LLC 870B Four Rod Road Berlin, CT 06037 860-310-5700; www.orissallc.com 15 15 NA NA Asian American (1) Post-construction and janitorial commercial cleaning services Tejal Vallam Owner 2006 17 Susaya Construction Co. Inc. 79 West Dudley Town Road Bloomfield, CT 06002 860-242-7107; www.susayaconstruction.com 15 15 NA $1,089,929 Hispanic Commercial and residential concrete sidewalks, driveways and patios, granite curbing, site work, excavation, trucking, decorative stamp concrete and overlay, driveway aprons, handicap ramps and pads Michael James Susaya president 1978 19 HiNT Peripherals Corp. 46 Gracey Ave. Meriden, CT 06451 203-634-4468; www.hintmounts.com 14 14 NA NA Hispanic Custom designer and manufacturer of mounting systems and electronic accessories for mobile equipment Oscar Gimenez President & CEO 1987 19 Sir Speedy Printing Bloomfield 21 Old Windsor Road Bloomfield, CT 06002 860-242-0303; www.sirspeedy.com/bloomfield 14 14 NA $3,300,000 African American Offset and digital printing, black and white, full color, copying, mailing services, posters and banners Mark L. Jacobs Owner 1985 21 Cabrera Services Inc. 50 Founders Plaza, Suite 207 East Hartford, CT 06108 860-569-0095; www.cabreraservices.com 13 80 $37,138,292 $38,787,469 Hispanic Environmental characterization, remediation, operations and monitoring, demolition, waste management, transportation and disposal and restoration Lorenzo Cabrera Chairman & CEO 1994 Source: Each company via survey. Notes: Companies included on this list self-report as minority-owned businesses. Some businesses may not hold current Minority Business Enterprise (MBE) certification. IT = information technology, MS = Microsoft, NA = Not available. (1) Also woman-owned. (2) Acquired by Ampcus Inc. of Va. in January 2020; will remain headquartered in Farmington and retain name and brand. (3) With a second location at 34 Dell Manor Drive, Bristol. —Compiled by Heide Martin. >> Q&A: Joe Ercolano continued

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