UBJ THE FINE PRINT RevUp Indoor Cycling to Open in Greenville In mid-July, RevUp Indoor Cycling will open its only location between Atlanta and Charlotte in a 3,800-square-foot facility at 2441 Laurens Road, Greenville. The facility, in the same shopping center as Sky Zone Greenville, will feature 30 spinning bikes, three dressing rooms, showers, and a large waiting area for people to cool off post-workout.
“The idea is to create a boutique-style spinning class to motivate and encourage people of all fitness levels,” said Jeff Beane, RevUp’s owner and a spinning instructor for more than 10 years, in a news release. “We want people to find a new and fun way to exercise and get results.” RevUp also allows people to book spinning classes in advance online instead of being firstcome, first serve like many fitness centers, said Beane.
CommunityWorks Loans Boost 5 Local Businesses The CommunityWorks MicroBusiness Loan Program helped Travelers Rest’s Swamp Rabbit Smoothies, Greenville Network Care, and Anderson’s A Night Out open their doors, and aided in the expansion of operations of Greenville-based PremierePC and Spartanburg’s The Garden Gate. CW provided $135,000 in business coaching and loans to the five Upstate businesses. “We believe microbusinesses are the backbone of our economy,” said Deborah McKetty, CEO of CommunityWorks, in a news release. “For example, if just one of every three hired a single employee, the entire U.S. would be em-
ployed. A win for them is a win for us. We hope that the community will join us in celebrating June as Microenterprise Development Month.” According to a news release, microbusinesses have five or fewer employees, but the business type employs over 41.3 million people nationally. With CW’s support, these five businesses were able to create seven new jobs. Including this year, CW’s Microbusiness programs have provided loans totaling $255,000 and have created
more than 33 jobs. Additionally, CW works as a SBA and USDA lender and accepts applications for loans up to $50,000 for both startup and existing businesses in the Upstate. The company also works with community partners to aid microbusinesses that are unable to receive financing through traditional sources and helps to grow these businesses through capital and training support. For more information, visit communityworkscarolinaorg.
Canal Appoints New Execs to Leadership Team Greenville-based Canal Insurance Company has appointed Tim Horgan as vice president of transportation and chief marketing officer, and appointed Bob Pace as vice president and chief claims officer. Horgan assumes profit and loss accountability for all Canal’s
trucking and specialty automobile business except the large fleet unit, according to a statement from the company. He will also be responsible for all phases of marketing, agency relations and communication. Previously, he worked in underwriting, marketing and regional management at
Continental, followed by nearly 20 years in AIG’s transportation business.
Pace, as chief claims officer, will provide strategic and operational leadership to all aspects of Canal’s claims organization, the company said. He joins Canal after a career including 11 years as an attorney, followed by another 12 years of increasing responsibility in the Travelers claims department.
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UPSTATE BUSINESS JOURNAL
June 27, 2014