By Joe Marconi
NEWS BREAK: Workers at a Mavis Discount Tire shop falsified records to make it look as if they completed brake work on a limousine before it crashed and killed 20 in Schoharie, New York, last year, when in actuality the work was never performed, according to the shop's former manager.
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By Mark Johnson
Shop owners did you hear? If you have been affected by COVID-19 you are eligible for a SBA disaster loan of up to $2M. This loan is from the Federal Government with interest an rate of 3.75% and up 30yrs payment term. It is not available in private financial institutions (banks).
ALL STATES CAN NOW APPLY!
So what information do you need?
● Most recent Federal income tax returns
● Personal Financial Statement
● Schedule of Liabilities listing all fixed debts
● You Fill out All SBA Paperwork
● Year-end profit-and-loss statement and balance sheet for that tax year
● A current year-to-date profit-and-loss statement
● Monthly sales figures for increases in the amount of economic injury.
And there may be even more!
We are currently helping shop owners navigate through the applications process.
For more info call us at 1954-324-0803 or book an appointment at https://calendly.com/markjohnsontaxplanner/45min
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After a road testing for a customer's complaint of "Intermittent odd feeling when braking" we identified it as an intermittent false ABS stop. Not unusual for a late model GM truck. We identified the L/F wheel speed sensor dropping out at lower speeds and ordered a wheel speed sensor. I remembered that we had replaced the L/F hub/bearing about two years ago with a Moog hub/bearing assembly which concerned me. The new wheel speed sensor arrived in a tattered, taped up box and would not fit, the sensor tip was contacting the tone ring. The part was re-ordered in a different brand (OEM this round) and we were disappointed again, still improper fit. I then called Moog Tech Support and found out that if an ABS WSS fails on a Moog hub/bearing it can't be replaced. Moog uses a proprietary WSS and is unable to be sourced separate from the hub/bearing. I confirmed with tech support that this is the case for all Moog hub/bearings that include a WSS and NOT isolated to the vehicle that we were working on. To add to this issue I also found out that ALL Moog hub/bearings have proprietary wheel studs so if a stud strips or is damaged on a replacement Moog hub/bearing you have a major problem because the hub/bearing will need to be replaced, studs alone are NOT available. I tried to contact Timken and BCA to see if their hub/bearings are the same as Moog in regard to proprietary WSS's and wheel studs but neither answered my email request for assistance. All of this is news to me, maybe because we use quite a bit of OEM parts but I thought I should pass it on since it will make me think twice before ordering a Moog hub/bearing.
By Joe Marconi
Usually the winter drops off in sales, but along with car counts. This year is different. Customers seem consumed with debt and worried about thier finances, and putting off needed vehicle maintenance. Not good. In the long run this leads to breakdowns and larger repair bills.