‘Forever thankful’: Loan saves business from bankruptcy

The impact of a small business loan can be the difference between having to declare bankruptcy, and being able to successfully run two locations of your popular restaurant.

At least, that’s been the experience of Narry Ngamying, owner of Thonburi Thai Food.

Community Futures South Georgian Bay disbursed more than $1 million in small business loans in the 2022/23 year, according to their newly released annual report, and provided over 300 hours of business coaching assistance supporting 240 jobs.

Ngamying was one of the lucky recipients of such a loan, to the tune of $300,000, that helped keep her business afloat during difficult times. Now, she has a successful location in Wasaga Beach, with plans to open a second location in…