Kieffer Repair & Sales has a new building for its diesel repair and body shop business with the help of a Rural Economic Electric Development (REED) loan through Central Electric Cooperative.
Kieffer Repair & Sales, owned by Todd Kieffer and Ross Kieffer, provides auto and diesel repair services, body work, and also recycles damaged vehicles for resale.
Ross has a degree in Diesel Mechanics, and Todd has a degree in Auto Technology from Lake Area Technical Institute. The brothers are excited to have a new shop in order to grow their business in the White Lake area.
Central Electric Manager, Ken Schlimgen said, “We are happy to help fill a gap in a rural community. Concern for community is one of the seven cooperative principles. Supporting locally owned new businesses is one way we can do that.”
Central Electric Cooperative utilizes the REED Fund to partner with local banks, other loan funds, and state and federal agencies to finance community and economic development projects. The REED Fund provides gap financing to new and expanding businesses that create jobs. The REED Fund also helps local communities finance improvements to local facilities, services and infrastructure.
New and expanding businesses or communities in need of financing for facilities or services should contact Central Electric Cooperative at 605-996-7516 for a loan application. Organizations can also contact the REED Fund at (605) 256-4536 or find more information at www.reedfund.coop.