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Phillip's Automotive Services -Back to Business with MREIDL
Phillip's Automotive Services, owned by Felipe Herrera, has served the Corpus Christi, Texas community with quality automotive repair, diagnostics, and tune up services for over 15 years.
Herrera first learned about the automotive repair service while in the U.S. Marine Corps and taking classes in the automotive field. He started his first automotive repair business in Austin, Texas in 1994. While the business was successful, he decided to move to Corpus Christi, Texas and start Phillip’s Automotive.
Stamina, determination, commitment, as well as many long hours helped Herrera build the company to what it is today. From the very start Felipe spent 100 percent of his time operating and managing day-to-day operations, supporting his family while serving in the Army National Guard.
One of the biggest obstacles he faced was when he was called for active duty and deployed to Operation Enduring Freedom in Kosovo. He had to leave his business behind. Herrera's absence unfortunately caused the business to suffer in both operational, as well as financial areas. When he returned from active duty, he sought assistance through SBA’s Military Reservist Economic Injury Disaster Loan program (MREIDL) that is available to help small businesses meet ordinary and necessary operating expenses when a key employee is deployed to active duty. Phillip’s Automotive Services was approved for a direct loan in the amount of $40,000 under the program and also approved for additional funding if needed.
Herrera gives much credit to the SBA for helping him get his business back on track. “I am grateful to the SBA for helping me keep my business going by making me a loan,” said Herrera. “If it wasn’t for the SBA, I would have had to shut my business down.”