Choctaw Development Fund Awards $5,000 Forgivable Loan to Cover Your Assets Tool and Safety Supplies LLC

Published Wednesday, June 9, 2021 2:09 pm

Last month, Danny D. Bias Jr, Owner of CYA (Cover Your Assets) Tool and Safety Supplies LLC was awarded a $5,000 Small Business Forgivable Loan from the Choctaw Development Fund.

CYA Tool and Safety Supplies LLC is a unique tool and safety supply store in Hugo, Okla., that offers a combination of apparel and tools specific to construction and oil industry professionals.

"The goal for CYA Tool and Safety Supplies LLC was to create a one-stop-shop for construction companies that benefit both the company owners and their employees while supporting our local economy," states Danny D. Bias Jr., owner of CYA Tool and Safety Supplies LLC. "We greatly appreciate these funds from the Choctaw Nation and are honored to be the top supplier of tools and safety in the area."

The Choctaw Development Fund supports economic viability and sustainability by partnering with Choctaw small business owners, cities and municipalities to create long-term growth and job creation within the territories of the Choctaw Nation of Oklahoma.

"These craft tools and apparel are hard to find, making CYA Tool and Safety Supplies LLC a unique opportunity for Hugo and the surrounding communities," states Gina Hamilton, Small Business Advisor. "We, as a Nation, are proud to support Danny and his business and look forward to watching his company assist in developing the area."

CYA Tool and Safety Supplies LLC will be using the funds for interior remodeling and store furnishes such as clothes racks, shelving and display units.

CYA Tool and Safety Supplies LLC is open Monday through Friday 8 a.m. to 4:30 p.m. and Saturday 9 a.m. to 1 p.m. and located at 2689 US Highway 70 Suite 2, Hugo, OK.

Photo

Cover Your Assets Tool and Safety Supplies LLC receives a $5,000 Forgivable Loan
Photo by Choctaw Nation
Danny D. Bias Jr., owner of CYA Tool and Safety Supplies LLC and family get presented with $5,000 forgivable loan check by Gina Hamilton, Choctaw Nation Small Business Advisor and Angel Rowland, Manager of the Choctaw Development Fund.

About The Choctaw Development Fund

The Choctaw Development Fund supports economic viability and sustainability by partnering with Choctaw small business owners, cities and municipalities to create long-term growth and job creation within the territories of the Choctaw Nation of Oklahoma.

The Choctaw Development Fund partners with the Choctaw Nation Small Business Development (CSBD). The CSBD is a single source contact for member advisory in the business start-up and existing business enhancement processes that increase the opportunity for success through partnerships with state, federal, and tribal resources. Our focus is delivering technical assistance, training programs, and access to capital for individuals and entrepreneurs in an effort to build successful, job-creating, Choctaw-owned companies within the Choctaw Nation of Oklahoma.

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