After six months of planning, three auto mechanics were set to open up their own shop. But the government shutdown stalled their American dream.
If it seems like these guys are working frantically, it's because they are. These three auto mechanics planned to open Auto Dynamics October 1. They even quit their jobs, but when the government shutdown put their small business loan on hold, they were left dangling.
"Stress is an understatement. The amount of stress all of us have gone through, the lack of income, the unknown of when are we going to," Eric White, co-owner of Auto Dynamics said.
But they got in their new location this week, not because their SBA loan came through, they're still waiting on that from the government, because First Dakota National Bank went ahead and gave them the loan anyway.
"The bank actually stepped forward on this one and said we are going to go ahead and get this done. They're kind of taking a leap of faith with us. That’s what the whole project boils down to that having faith is it going to work out," White said.
The Small Business Administration says the national processing center is 13 days behind, with new loans coming in every day on top of the backlog.