The award was part of the 2015 National Small Business Week‘s theme of “Dream Big, Start Small” and was handed out at a White House ceremony
Alan Doan and Sarah Galbraith started the quilting company to help recoup their parents’ lost retirement savings account after the stock market crash. They purchased a $40,000 quilting machine for their mother, Jenny, to help her create a little extra income and a small building to house it.
Shortly after, Doan lost his job and focused on growing their small quilting business online, to the tune of a 200 percent growth per year. Seven years later, the Missouri Star Quilt Co. a small business with 180 employees and takes 5,000 orders each day in the tiny town of Hamilton, Missouri – population 2,000 – where more than 10,000 tourists now come to visit the quilting shop during the summer months.
The SBA helped Missouri Star Quilt Co. grow in 2013 by funding a 45,000-square foot storefront in with the SBA 504 Lending Program. That storefront now houses the largest inventory of pre-cut quilt piece goods in the world.