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SBIF Client Feature Story: Panamericana Auto Parts & Repair

Grantee Profile

When Carolyn walked into Baudilio Lopez’s auto parts and repair shop, it was love at first sight – for him at least. It took some convincing, but she agreed to go out to dinner with him. Fast forward a few decades later and Panamericana Auto Parts & Repair is still operating in the same Back of the Yards location where it started in 1979. Unfortunately, Baudilio recently passed away, but his son Javier now runs the business with his mother Carolyn.

SBIF Grant Impact (63rd/Ashland TIF)

Carolyn took the lead in applying for the Small Business Improvement Fund grant. The project included a new storefront, roof repairs, interior renovations, plumbing, electrical and HVAC updates. This construction allowed for better work flow and functionality. It created a designated lobby and restroom for customers, parts storage area and better separation from the garage.

“The SBIF grant provided us with the resources for needed updates – much had been untouched since the business was started in 1979.” Carolyn Lopez said. “This was part of Baudilio’s vision. Now we can take the next steps to grow and better serve our customers.”

Panamericana Auto Parts & Repair is Open for Business!

Learn more by visiting https://panamautorepair.com/ or calling (773) 436-8150.

Learn More About the Small Business Improvement Fund

Launched in 1999, Chicago’s Small Business Improvement Fund promotes economic development by providing reimbursement grants for permanent building improvement. Landlords, owner/operators, and tenants (with landlord approval) are eligible to apply. Residential projects are not eligible.

SomerCor is the program administrator contracted by the Chicago Department of Planning and Development. Learn more about the program and apply by visiting www.somercor.com/sbif.

Contact Us

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Margaret Griffin

EVP, Chief Lending Officer
(312) 360-3320
[email protected]

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Eric Bacon

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Darin Gehrke

SVP Market Lead for Central and Southern Illinois
(217) 793-1075
[email protected]

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Elisabeth Williams