Expired

Total loan: $10,000
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Edgar

United States
Maryland, United States / Auto Repair

A loan of $10,000 helped to update the equipment to the latest technology, to increase the inventory of supplies/parts, and to improve the client waiting room.


Edgar's story

Edgar, originally from El Salvador, has been a certified mechanic for the last 21 years and is the owner-operator of Auto Center Repair and Services LLC, a mechanic shop established in 1998 in Rockville, Maryland.

Auto Center Repair and Services provides general car repair and maintenance, including muffler repair and complete tire services. It is a small and “old style” shop, but with a loyal clientele and very personalized service.

Business has been steady for years, but Edgar is looking to modernize the business in order to maintain the business competitiveness and eventually to start expanding sales. Edgar is requesting $10,000 to update the equipment to the latest technology (new engine scanner and a tire balancing machine), to increase the inventory of supplies/parts, and to improve the client waiting room.



Loan details

Loan length:

43 months
Disbursed date: June 28, 2013
Facilitated by Field Partner: Latino Economic Development Center
Expired: August 5, 2013

Lenders and lending teams



Loan details

Loan length:

43 months
Disbursed date: June 28, 2013
Facilitated by Field Partner: Latino Economic Development Center
Expired: August 5, 2013