Justin Emery and Kimberly Johnson recently received loan assistance from the Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program for the start-up of “Emery’s Truck and Trailer Repair” business at 601 Nelson Blvd, along Hwy 12 in Montrose. Emery’s specializes in diesel repair and services.
With the strength of the trucking industry in the marketplace, there is a strong need for diesel repair businesses. Emery sees an opportunity to fill that need in the Montrose area, which has a lot of truck traffic along Hwy 12. With a prime location for the business right on Hwy 12, there is good access for trucks, as well as adequate parking. Justin’s primary market is the Howard Lake, Waverly, Montrose and Delano area. He will do the regular scheduled maintenance & repair on trucks through the year, and will also do DOT inspections.
Justin has been doing diesel repair for 6 years, since graduating from Alexandria Technical College in diesel mechanics. Kimberly has a BA in Business Management and will handle the marketing and accounting for the business. Emery and Johnson’s families are entrepreneurial – both of their fathers and Emery’s uncles all have their own businesses in the area (his grandparents did too), in landscaping, tree removal, snow removal, construction and other trades. Business hours for the shop are Monday through Friday, 7:00 a.m. to 5:00 p.m., and Saturdays, 7:00 a.m. to 12:00 p.m. Justin may be contacted at 612-616-0031 to inquire about services.
“Justin and Kimberly’s background, and family support, will serve them well in this new business venture” said SWIF Program Coordinator, Berny Berger. “They will also benefit from the small business management services that SWIF provides as a part of the loan.”
The SWIF loan proceeds were used to purchase equipment, and for working capital. Citizen’s State Bank of Waverly, assisted with the financing of the project.
Loan programs have been a key function of SWIF since its inception as a way to support communities and businesses throughout southwest Minnesota. In 2001, microlending was added to existing programs as a tool to support small businesses and people looking for self-employment opportunities by providing market-rate loans.
Microloan clients receive free technical assistance from SWIF staff—all who have personal business experience—to improve their business management skills, from business planning to reading financials to marketing and other training opportunities for the life of the loan.
This microloan program receives funding assistance from the U.S. Small Business Administration and U.S. Department of Agriculture. For more information, contact SWIF at 800-594-9480, 320-587-4848 or firstname.lastname@example.org.