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Executive’s Desk: Assist from Loan Fund gets coffee shop brewing

Once back in New Mexico, Hannah persuaded her father, commercial real estate developer Curtis Johnson, to go into business with her as co-owner of the shop at the family-owned shopping center a stone’s throw from the Ale Republic brewery, owned by her ...

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Success! — Manage subscriptions Sign up for our Newsletters Play the Gridiron Challenge 44° Share Executive’s Desk: Assist from Loan Fund gets coffee shop brewing By Finance New Mexico Monday, January 1st, 2018 at 12:02am ...................................................................................................................................................................Hannah Johnson left Cedar Crest, N.M., to get a biology degree, and after a stint in shorebird conservation, she returned to start a coffee shop in her hometown in the eastern Sandia Mountain foothills. Hannah Johnson got help from The Loan Fund to open an East Mountains coffee shop(Courtesy of Finance New Mexico)The owner of Cabra Coffee, which opened in spring 2017, started making quality coffee at college“My first job working in the industry was when I was going to school at the University of Puget Sound in TacomaIt was just the coffee shop in the school, but we were getting coffee from a cafe in Seattle, and they would come down and train usThat’s where I first learned how to make coffee professionally.”During her subsequent conservation work with the piping plover at Massachusetts Audubon, Hannah found that her side job in a coffee shop brought her more joy because it offered social interaction“I wasn’t working with anybody … and I needed a way to make friendsThe coffee shop (in Nantucket) was brand newI realized that I knew more than anybody else there just from working at the coffee shop at my schoolSo I was put into the manager position, overseeing everything to do with the coffeeAnd that’s when I really discovered that it was something I liked doing and that I was good at.”Once back in New Mexico, Hannah persuaded her father, commercial real estate developer Curtis Johnson, to go into business with her as co-owner of the shop at the family-owned shopping center a stone’s throw from the Ale Republic brewery, owned by her brother, Patrick.AdvertisementContinue readingHannah needed startup capitalBecause hers was a new business, she did not qualify at a traditional bank, but Patrick suggested The Loan Fund, where Matt Loehman, a classmate from Hannah’s Albuquerque high school, worked as director of development and special projects.“They were really easy to work with, very nice,” Hannah said of The Loan Fund“The hardest part was just getting the paperwork ready when I was trying to get approved for the loanBut since then they check in with me every once in a whileAnd they’re as involved as I want them to be.”Since receiving funding in March, Hannah has welcomed The Loan Fund’s advice on various business matters and is receiving assistance with building her websiteThe business, located at 12216 NHighway 14, also markets itself on Facebook at Coffee employs five people and obtains most of its products from local producers: New Mexico Tea Coprovides the green teas, black teas and oolongs; herbal teas are sourced from a small farm in Alameda; the honey, jams and jellies are localEven the mugs are made by a local potter.“Ultimately, I’d like to have everything as much as possible be local,” Hannah said“One of our syrups right now is a lavender syrup; you can put that in anythingThe most common would be a lavender latte and people love it.”The coffee shop also offers house-baked scones, muffins and coffee cake.The Loan Fund is a nonprofit community development financial institution (CDFI) that provides affordable loans, training, and business consulting to entrepreneurs, business owners, and nonprofit organizations throughout New MexicoFounded in 1989, The Loan Fund has provided over $74 million in loans to help create or preserve more than 8,900 jobs statewideFor more information, visit New Mexico connects individuals and businesses with skills and funding resources for their business or ideaTo learn more, go to www.FinanceNewMexico.orgtry{_402_Show();}catch(e){} Share Tweet LinkedIn Email Print Subscribe Business Business Insider From the newspaper Outlook Suggested Stories: Office hours – Jan 13, 2013 A cup of coffee with cream and opportunity – Jun 22, 2015 New coffee shop owner eschews Internet for games, newspapers – Nov 13, 2015 Local entrepreneurs seek to transform Santa Fe economy – Aug 11, 2017 Advertisement Load comments Comments Subscribe to the Journal for only $10. QUICK LINKS Home Search Weather Archives Puzzles Comics Newsletters Notifications CONTACT THE JOURNAL Staff directory Submit a news tip 505-823-3800 Send a letter to the editor Submit an obituary Advertise in the Journal SUBSCRIBER SERVICES Account services Subscribe to the Journal Recover password Register account 505-823-4400 Place a classified ad Privacy policy Contest Terms RELATED SITES & PARTNERS Journal Rewards News in Education Mountain View Telegraph Rio Rancho Observer Valencia News-Bulletin El Defensor Chieftain Kirtland AFB Nucleus

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