Company officials have said the chain's financial problems beganaround the first of the year, when a Y2K-related computer glitchcaused inventory control problems. Heavy competition and underperforming stores in some of the company's nine markets compoundedthe problem. The 16-year-old company owes nearly $20 million toUnion Bank and another $6.7 million to more than a dozen unsecuredcreditors. Supply One is privately held by members of the Steinerfamily, including John Steiner Jr. and Tim Steiner.

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