Mike | Application Preview
Mike is applying for a government grant to support the growth of his auto sales and repair business located in rural Malone, Florida. The funding would be used to upgrade the building, improve security and fencing, update signs, and purchase a wrecker. His business plan includes expanding the vehicle inventory, increasing advertising efforts, and hiring two additional mechanics and a painter. Mike highlights that he’s previously only taken one loan—during the COVID-19 period—and has continued to grow steadily. With no nearby competitors, his ability to independently haul, repair, and sell vehicles gives him a strong advantage in the local market.
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General Information
Business Registration Number: Mike
Location: Malone, FL, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
I would use to the funding to upgrade the building, increase security, fencing, obtain a wrecker and updates business signs.
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Business Plan
Being able to purchase more cars, expand advertising, and purchase a wrecker. I would like to hire two additional mechanics and a painter. I can only keep growing. I have had only one business loan since being in business and it was during COVID.
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Self Identified Competition
I am located in Malone , FL a rural area and outside the city limits. No other car lots are in the area I am able to haul, purchase, repair and sell the cars purchased from the auction.
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Contact Applicant
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