DiscoverGovcon GiantsHow a $25,000 SBA Loan Nearly Crushed This Business Before It Took Off!
How a $25,000 SBA Loan Nearly Crushed This Business Before It Took Off!

How a $25,000 SBA Loan Nearly Crushed This Business Before It Took Off!

Update: 2025-09-22
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On today’s episode of The Daily Windup, I sit down with an entrepreneur who launched a blue-collar oil company in Boston with nothing more than grit, sacrifice, and a risky SBA loan. Starting with just $7,000 in cash and a $25,000 SBA loan, he went all-in during the worst possible timing—the 2007 financial downturn—when everyone thought he was crazy to get into the unstable oil markets. He shares how word-of-mouth, community support, and his background as a firefighter and veteran helped him grow from a one-man side hustle to nearly 50 employees supporting their families today.

We also talk about the sacrifices required to get a business off the ground, how he used discounts to reward public servants, and why his military background gave him the discipline to survive in a cutthroat industry. His story is a powerful reminder that hard work and persistence can outlast market crashes, bank rejections, and doubt from others. This is one of those raw, unfiltered success stories that every aspiring government contracting or small business entrepreneur needs to hear.

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How a $25,000 SBA Loan Nearly Crushed This Business Before It Took Off!

How a $25,000 SBA Loan Nearly Crushed This Business Before It Took Off!

Eric Coffie