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- Minority-owned business
- Veteran-owned business
- 24 living wage jobs created/retained
When Anthony Martinez retired from the military in 1953, he used the skills he gained as a topographic mapper to secure a job as a draftsman at the Minnesota Department of Transportation (DOT). He also worked as a technician at a private aerial mapping firm. In 1961, Anthony started the mapping department at the DOT. After 11 years at the DOT and a couple more in private industry Anthony, an entrepreneur at heart, decided to start his own mapping service, Martinez Ortho-Mapping Inc. It continued to grow and in 1991, Anthony brought his wife Guadalupe and son Stephen in as partners and re-named the company Martinez Geospatial. Today, this 100 percent minority-owned, family operated small business provides aerial mapping, land surveying, and high definition scanning services as well as computer aided drafting / design and geographic information systems to public and private sector clients nationwide.
Due to changes in the industry, the company needed to upgrade its technology for mapping, surveying and scanning to expand its capabilities, grow sales and increase margins. It had weathered the recession, as well as the federal budget sequester, with only one down year. But, when he went to apply for a loan at local banks, Anthony was turned down because of a lack of collateral and one tough year, even though the company was trending upward.
Fortunately, the Metropolitan Economic Development Association (MEDA) was providing business consulting services to Anthony and they referred him to CRF. CRF was impressed by the company's history, management expertise and experience in the industry; in other words the story behind the numbers. As a community impact lender, CRF also liked that Martinez Geospatial is certified with various government agencies throughout the nation as a Disadvantaged Business Enterprise (DBE), Minority Business Enterprise (MBE), and Small Business Enterprise (SBE).
CRF was able to provide Martinez Geospatial with a $930,000 SBA 7(a) loan.