Star Pediatric Therapy | Application Preview
Star Pediatric Therapy is seeking government grant funding to address debt incurred during the COVID pandemic, as they were unable to obtain PPP funding due to their payroll structure. The business aims to use the funds to enhance advertising efforts and upgrade necessary equipment.
The organization's mission centers on providing high-quality therapy for children and supporting their families, which they believe has a transformative impact. Their primary competitor is a large, profitable therapy group that benefits from exclusive referrals from a major pediatric practice. While this competitor offers a wider range of services, Star Pediatric Therapy emphasizes a more personalized approach, prioritizing the well-being of children and their families over profits.
This commitment to tailored therapy sets them apart in the market, positioning them as a more caring alternative in an industry often driven by profit. The funding would enable them to strengthen their operations and continue making a positive difference in their community.
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General Information
Business Registration Number: 830700011
Location: FAYETTEVILLE, AR, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Payoff debt incurred by losses due to COVID. I was not able to receive PPP funding due to my payroll structure.
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Business Plan
Expand advertising and increase equipment needs. I provide quality therapy to children with the whole family in mind. My group changes the lives of difficult children and their families.
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Self Identified Competition
The top competitor is a large group with a guaranteed referrals from the largest Pediatric group. They are huge and profitable due to their "backdoir" agreement with the Pediatric group. They are able offer more options, but not quality of therapy. They run as a profit first company, I run as a child/family first company. See the explanation above. We tailor therapy to the child and family needs.
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