Cagle Machine LLC | Application Preview
Cagle Machine LLC is seeking government grants to alleviate the financial strain caused by high machinery costs and monthly loan payments. The funding will enable the business to hire 3-5 additional employees, which would increase production capacity and improve cash flow. Cagle Machine emphasizes its commitment to American manufacturing, arguing that support for small businesses in this sector is vital to countering overseas competition. Although there are other small businesses in the CNC machining field, Cagle Machine maintains a competitive advantage by investing in quality used equipment, helping to keep overhead low and rates reasonable.
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General Information
Business Registration Number: 47-1920473
Location: Marceline, MO, United States
Length of Operation: 7
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
The cost of machinery in this trade is very expensive. My monthly loan payments for those machines keep me from getting ahead financially.
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Business Plan
I would like to add 3-5 employees. My current financial situation keeps me from hiring help due to payroll expense. With more help I can produce more and increase my cash flow. Because I support MADE IN USA manufacturing. It is crucial that small manufacturing businesses stay alive in this country instead of letting the Chinese do our manufacturing.
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Self Identified Competition
No names in particular, just other small businesses that compete for CNC machined components for other manufacturers. I try to purchase good used equipment for my shop. This keeps my overhead as low as possible and keeps my hourly rate reasonable and competitive with others.
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Contact Applicant
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