SUCCESS STORY FOR

Smoky Mountain Rod & Customs, LLC

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Blasia and Robert Perry always shared a love for custom cars. It is a passion that began in their high school years and ultimately became the foundation for Smoky Mountain Rod & Customs, LLC. Launched in 2020 during the challenges of the COVID-19 pandemic, the Perrys turned their dream into a thriving business. In just four years, their company grew to employ 13 people and gained recognition for its expertise in custom sheet metal fabrication, 3D design, assembly, wiring, exhaust systems, and custom chassis design. 

By February 2023, Smoky Mountain Rod & Customs had reached a pivotal moment in its growth. The Perrys sought assistance from the TSBDC to navigate the complexities of applying for an Employee Retention Credit (ERC) from the IRS. Later, when they relocated their business, they returned to TSBDC to discuss expansion plans and explore debt refinancing and lending options to support their working capital and equipment needs. 

TSBDC Center Director Gregg Bostick worked closely with the Perrys to create a detailed business plan in LivePlan, develop financial projections, and gather the necessary documentation to approach lenders. After reaching out to two potential lenders, they found success with Apex Bank, which approved an SBA 7(a) loan package. The loan, totaling $431,000, enabled the Perrys to purchase equipment, hire two additional employees, and begin manufacturing custom chassis for their clients. 

The results have been transformative. Smoky Mountain Rod & Customs has expanded into a second building and is planning to offer an employee daycare facility. The business is also focused on scaling its custom chassis operations and adding even more team members. Looking ahead, the TSBDC is continuing to support the Perrys as they refine their business plan and financial projections for a second SBA loan with a working capital line of credit. 

For Blasia and Robert, the future is clear. They hope to expand their business over the next five years, eventually purchasing land and constructing a new facility. Reflecting on their journey, the Perrys are grateful for the support they’ve received. “Gregg helped us so much,” they shared. “We are beyond pleased with the help Gregg gave us. With his guidance, we were able to secure this loan for our business. The lives that will be impacted from this will continue to grow as our business grows!” 

With their determination, vision, and the support of the TSBDC, Smoky Mountain Rod & Customs is accelerating toward an exciting future. 

 

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