K & J Consulting and Services | Application Preview
K & J Consulting and Services is seeking government grants to assist with federal student loan forgiveness. The applicant graduated in June 2007 and has consistently made monthly payments on a loan of $24,553, yet still owes nearly $20,000 after more than 14 years of payments. Financial difficulties, including foreclosure and bankruptcy in 2013, have compounded the situation, making it challenging to secure a mortgage despite low-interest rates. The applicant currently earns income as a caregiver for an elderly uncle, emphasizing the burden of the loan payments, which she believes she has already paid off multiple times through interest.
In terms of business growth, the applicant is focused on property management opportunities, particularly if her uncle's needs change. She highlights her strong work ethic and commitment to her community, expressing a desire to help others in the future if her circumstances improve.
The competitive landscape includes commercial property management firms, which cannot match the personalized service she offers. She plans to grow her business carefully, providing attentive, 1:1 service to clients and ensuring high accessibility. This personal touch is seen as her key competitive advantage.
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General Information
Business Registration Number: 603622855
Location: Tacoma, WA, United States
Length of Operation: 5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I am writing seeking assistance in getting my Federal Student Loan forgiven. I graduated in June of 2007 and shortly after started paying on my loan of $24,553. I have been making payments every month, except for a short period of time, when I was out of work. Which resulted in my losing my home to foreclosure and forced me to go through a bankruptcy in 2013. Now after making payments for over 14 years, I still owe almost $20,000! Also, according to Nelnet – my student loan servicer – I still have over 7-1/2 years of payments to go! This loan is now standing in the way of my being able to get a mortgage for my home and taking advantage of the low interest rates currently available. I am not working directly in the health care field, but I do work for my elderly uncle as his main caregiver and take care of all his finances and needs. I am fortunate that he can pay me for my services. I feel like I have paid for this loan, via interest payments, at a rate of 5.5%, several times over and my payments keep increasing! I am now paying $209.97 per month, this is money I could certainly use in so many other areas. I appreciate your assistance and I have no regrets about getting my Bachelor’s Degree. I feel like use my education daily. I just didn’t realize that I would have to pay for it for the rest of my life!
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Business Plan
Since I mainly care for my elderly uncle, his continued needs make growing my business any further difficult. I have hopes of gaining more property management opportunities, should my uncle's situation change. I am hard working and care deeply about my state (I was born and raised here) and family. I do my best to help others to the best of my ability, my husband and I also provide a home to his 40+ year old son that is struggling. I have always tried to be a productive member of society and if I should be given the gift of a grant and my situation changes and I would be in the position to give a grant to others I would certainly pay it forward. It is not in my nature to ask for handouts and I sincerely thank and appreciate your time and consideration.
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Self Identified Competition
I believe my top competitors would be the commercial property management companies in our area. However, they can't offer the personalized service that I can. Park 52 Property Management Tacoma Property Management North Point Property Services My competitors have a large customer base and cannot provide the 1:1 service that I can give. That's why growing my business slowly and ensuring not to take on more than I can handle is so important to me. My customers, have close to 24 hr access and there is no project too small.
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Contact Applicant
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