G & G Machine LLC. | Application Preview
G & G Machine LLC is seeking government grant funding to purchase a Haas V2 machine. The acquisition of this equipment will enable the business to increase production capacity, leading to higher income and the potential to hire additional employees. The owner has already reported doubling their income from the previous year by collaborating with another company, which has provided a steady flow of work.
As a small, family-owned business, G & G Machine has demonstrated resilience during the challenges posed by the COVID-19 pandemic. The owner is dedicated to working hard to enhance the company's success and is requesting support to facilitate further growth. They have established strong relationships with industry partners, resulting in a lack of direct competition and a promising business outlook.
The competitive advantage stems from the owner's hands-on approach to the business, actively participating in operations rather than solely managing employees. This engagement has contributed to the company's growth and survival during challenging times. The investment in the Haas V2 is seen as a crucial step to continue this positive trajectory.
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General Information
Business Registration Number: 20-1944507
Location: Collins, OH, United States
Length of Operation: 10
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I want to purchase a Haas V2 so I can expand my business and generate more income
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Business Plan
If I can get a Hass V2 I can make more part on a shift that also means I can higher more employees to help grow I'm business we have alread doubled our income from last year with the company that I started working for the numbers that I gave on my application are my income and expenses from last year I am a small family-owned and ran business I have managed to stay open through this covid and grow my business I just need a little help to make it bigger and better I work hard and long to make my company grow and be successful
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Self Identified Competition
With the company that I work for I don't really have competitors we reached out to them to expand our company and they started sending us work since then we have asked for more work and they have greatly accommodated us they are also growing so it's working out nice I just need another machine to keep growing I work in my business I don't sit and manage a bunch of employees in the last year we have managed to grow and stay open
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Contact Applicant
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