M diesel | Application Preview
M Diesel is seeking government grants to establish a repair shop by funding the construction of a building and purchasing necessary tools and equipment. The owner has a solid business plan, noting a shortage of skilled technicians and expressing that potential customers are eager for them to open a shop. Due to the financial challenges posed by the COVID-19 pandemic, the owner faces difficulties securing funds and credit but is highly motivated to achieve this long-term goal.
The owner emphasizes the importance of this venture, stating they are the sole provider for their family, leaving no room for failure. While competition exists from larger establishments like MHC Volvo Trucks and Peterbilt, M Diesel's competitive advantage is its status as a small business, allowing for more personalized and accessible service without relying on larger companies. Overall, the funding would provide the support needed to bring this vision to life and benefit the community.
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General Information
Business Registration Number: Mikialt
Location: Malvern, IA, United States
Length of Operation: Until I retire
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Will build me a building and get shop tools and things to get started to get shop up and running and little cushion room until costumers come in
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Business Plan
A good tech is hard to come by these days I already have costumers want me to open my own shop I’m good at what I do just don’t have the funding to do it or credit right now to do it from this Covid stuff going on and what to control my own future I’m very determined on opening my own shop it has been a long term goal of mine I don’t have room for failure cause I sole provider for my family and they depend on me
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Self Identified Competition
They are other shops like Mhc Volvo trucks of Omaha peterbuilt I’m a small business in area that don’t have to go threw large companies to get there stuff fixed
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Contact Applicant
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