Joanne Maly of Old Forge has had the best week ever.
It all started Sunday, May 15 when she received her Doctorate of Physical Therapy from Utica College. She graduated Summa Cum Laude with a perfect 4.0 average.
Then, on Monday, May 16 Dr. Maly’s business, ADK Physical Therapy, which she owns and operates with her partner Dr. Shane Davis, was honored with an SBA Small Business Excellence Award.
Dr. Davis received the award at the 13th annual U.S. Small Business Administration and New York Business Development Corporation luncheon at the Double Tree Hotel in East Syracuse.
The event recognizes the achievements of local small businesses.
The NYS Small Business Development Center at SUNY IT nominated ADK Physical Therapy for the award.
In 2008, Maly and Davis began exploring the idea of starting their own physical therapy business.
After much research help from the SBDC at SUNY IT and a guaranteed loan from SBA, they started their practice in Barneveld.
The business has experienced steady growth in both revenue and clients served, with a second location in Boonville opening within the first year.
This provided a service previously unavailable to the community, along with skilled and professional employment opportunities.
In just one year, patient visits increased 84% and staff doubled in Boonville.
“Joanne and I would like to thank the SBA and the Small Business Development Center at SUNY IT, specifically Sharon St. John for her detailed and invaluable information. We’d also like to thank Ken Finnegan at Adirondack Bank who worked very closely with us in our financing. We contribute our success to diligent financial management by Sharon, our office manager, employees and clients,” said Dr. Davis in acceptance of the award.
Small businesses are selected for the Excellence Awards based on their company’s longevity, innovation, sales growth, increased employment, ability to overcome adversity or community contributions.
