87-1784302 | Application Preview
The grant application from business 87-1784302 outlines a plan to secure funding for various needs within the salon industry, specifically focused on loc styling services. The funding will be used for property, inventory of high-demand loc extensions, and to expand the product line and storefront. The applicant plans to pay off existing business debt and provide supportive services such as training courses and necessary supplies to cater to a diverse client base.
The business, which focuses on healing scalp conditions, aims to establish itself as a private salon and a supplier of customized loc styling products and beauty tools. It seeks to obtain an instructor’s license to teach as a Master Loctician, emphasizing its commitment to education in the field.
Approval of the funding is justified by the owner’s rapidly growing consumer base and a desire to expand regional services. The owner possesses a deep understanding of the cultural context of their work and is committed to educating others in the industry.
In terms of competition, the applicant identifies other local beauty supply stores, online extensions providers, and private sellers of loc extensions. They aim to create a one-stop shop experience that distinguishes them through convenience and quality. The competitive advantage lies in their ability to meet community demand for unique products that are not easily available locally, facilitating both convenience and educational initiatives for potential clients and other stylists.
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General Information
Business Registration Number: 87-1784302
Location: loxley, AL, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
Property for service styling. Inventory of loc extensions for supplies on hand, by high demand. Extend product line, and storefront, Clear business debt, provide Necessities for diverse clients, styling systems, training courses, and continuing educational requirements. Hot styling tools needed, inventory needed for business survival and upkeep. Sanitation and disinfectant products for safe engagement of salon. Transportation maintenance, marketing decals. Storefront rent, to be adjusted and paid for security.
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Business Plan
Healing Agent for Scalp Conditions Instructors License to Teach as Master Loctician Private Salon & Private Loc Styling Products Beauty Tools Supplier & Distributor Custom Traveling Supplies Small business owner, with immense consumer volume, after a short time of going from private to public services. Looking to expand throughout the region to service those in need. Educated I. The historical, cultural, and community based background of my field, along with aspirations to further educate others.
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Self Identified Competition
Napstarr- provides services, provides courses, and extensions on hand and online. Local Beauty Supply Stores- have the advantage of having separate sold items. I want to provide kits as a one stop shop product for services. Private Sellers- loc extensions made by hand versus bought in bulk Of my region, of quality. Convenience and commodity. Connecting with the community, that adheres to being educated, bringing products that aren’t found locally, and online only. Bridging the gap between convenience and local availability. Providing a service by demand, on demand with room for expansion.
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Contact Applicant
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