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http://ksl.com/?nid=148&sid=18144961
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Submission: On December 23 via api (December 23rd 2023, 2:24:03 am UTC) from AU — Scanned from AU

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3 forms found in the DOM

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POST https://info.ksl.com/l/911272/2021-12-13/b5t7g

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LITTLE CHOCOLATIERS GET HELP CREATING BIGGER BUSINESS

BY SCOTT HAWS | POSTED - NOV. 18, 2011 AT 5:34 P.M.

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 23 photos
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Main Story Video

Estimated read time: 2-3 minutes

This archived news story is available only for your personal, non-commercial
use. Information in the story may be outdated or superseded by additional
information. Reading or replaying the story in its archived form does not
constitute a republication of the story.

SALT LAKE CITY -- Utah is leading the way when it comes to business. From
start-ups to billion dollar companies, the secret is out. One small company is
growing thanks to a program that's been around for decades - the Small Business
Administration.

For Steve Hatch and Katie Masterson, making chocolates is about so much more
than just making money...it's in their DNA.

The Hatch's were part of a TLC series, "The Little Chocolatiers," that aired a
couple of years ago when they were in their original, much smaller location.

As a business, Kate and I were working our butts off. I mean, we were doing
everything we could in a smaller building," Steve said. "We had a vision that we
wanted to expand, we wanted to get in to a bigger spot, we wanted to stay in the
neighborhood - but there was just no way."

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Now, they're flourishing in a 5,000 square foot building in the avenues near LDS
Hospital. And they say it's all because of a loan backed by the Small Business
Administration.

"The government guarantees the loans so the bank is able to take a riskier
opportunity and give it a good solid basis of support," said Daniel Hannaher, a
regional administrator for the SBA.

Hannaher wanted to see firsthand how the SBA is directly impacting the Hatch's
chocolate business. From the building, to the equipment, even the elevator - all
of this was made possible through an often overlooked government program that's
been around for nearly 60 years.

The first thing you notice when you come in to Hatch Family Chocolates is of
course, the chocolate. But there's a sweet success story here that the SBA hopes
to replicate around the country.

"This is a small business, but it's thousands of these across the country that
are going to help this country dig out of the hole we've gotten ourselves in
to," Hannaher said. "It was a good collaborative effort between all three of
us."

The Hatch's relied on the SBA long before they opened their doors. They attended
free classes through the Small Business Development Center at UVU - a
collaborative effort between the government and universities offering guidance
to owners and aspiring entrepreneurs.

Email: [shaws@ksl.com](<mailto: shaws@ksl.com>)

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www.ksl.com Open in urlscan Pro 64.147.131.201 Public Scan

Form analysis 3 forms found in the DOM

GET //www.ksl.com/news/search

POST https://info.ksl.com/l/911272/2021-12-13/b5t7g

Text Content

www.ksl.com Open in urlscan Pro
64.147.131.201 Public Scan

Form analysis
3 forms found in the DOM