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Association & Industry News: Industry News

INDOOR CLIMBING GYM LEADERS ADVOCATE FOR INDUSTRY IN VISIT FROM TRUMP CABINET

Friday, May 4, 2018   (0 Comments)
Posted by: Daniel Jeanette
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FOR IMMEDIATE RELEASE                        Contact: Marybeth Campeau, Triangle Rock Club

                                                                        Phone: 919-463-7625, ext. 107

                                                                        Email: marybeth@trianglerockclub.com

 

INDOOR CLIMBING GYM LEADERS ADVOCATE FOR INDUSTRY IN VISIT FROM TRUMP CABINET

 

Triangle Rock Club hosts Small Business Administration Administrator Linda McMahon to illustrate successful growth with SBA funding

 

RALEIGH, NC, May 3 Triangle Rock Club, hosted a visit from Linda McMahon, head of the Small Business Administration on Thursday during National Small Business Week celebrations. North Carolina Lt. Gov. Dan Forest, SBA Southeast Regional Director Ashley Bell, and SBA North Carolina Director Lynn Douthett joined McMahon for the tour.

 

During conversations and a press conference with McMahon and Forest, Triangle Rock Club managing partners Andrew Kratz and Joel Graybeal educated and advocated for the indoor climbing gym business.

 

Kratz and Graybeal shared their completed startup and growth story of how they opened four indoor climbing gyms over a nine year period using SBA’s 504 loan program four times. During the 60-minute visit, SBA Administrator McMahon dug deep into the climbing gym business model, asking questions ranging from membership plans, to social media marketing, to climbing wall construction. She wanted a thorough understanding of how the indoor climbing gym industry operated.   

 

“Capital is important,” emphasized Graybeal. “The SBA has been an integral part of our growth, and the 504 loans have allowed us to purchase and rehabilitate the buildings that host our local climbing communities.” Quipped Kratz, “The Small Business Association’s loans really got us off the ground!”

 

“The SBA allowed them to seize opportunity when they saw it and continue to push forward,” said McMahon.

 

Founded in 2007, Triangle Rock Club currently operates four indoor climbing gyms in North Carolina and Virginia. Triangle Rock Club boasts the largest and tallest indoor climbing facilities in a five-state radius. During small-size classes, drop-in sessions, and rock-climbing camps, novice and seasoned climbers alike scale freestanding boulders and rope-in to ascend over slanted surfaces to the top of premier climbing walls. It was named the 2015 DREAM BIG Small Business of the Year by the U.S. Chamber of Commerce.

 

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If you would like more information about this topic, please call Marybeth Campeau at 919-463-7625, ext. 107, or email marybeth@trianglerockclub.com.

 

 

 

 


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