Semih Onder, the Owner of Osem Enterprises, first came to the SBDC in November 2017. He worked with a business consultant to develop a business plan and financial projections to start Knockout Wear. The company is a clothing apparel store. With the help of the SBDC, he was able to obtain a commercial loan to open his first location in Odessa in December 2018. Mr. Onder has invested $200,000 in owner equity. He has since opened four additional locations in West Texas, and he now has 32 total full-time associates. He met with our CARES consultant in August 2020 and received assistance in applying for both the EIDL and PPP programs. He received assistance from both programs. As a result, Knockout Wear has survived the pandemic.
