KG & Sons Inc | Application Preview
KG & Sons Inc. is seeking government grants to support its expansion efforts, which include purchasing local properties and hiring employees. This initiative aims to enhance the local economy by creating more job opportunities and increasing property values in the area.
The company's business plan focuses on acquiring and upgrading properties with the help of local investors, ultimately encouraging further investment in the community and fostering growth.
KG & Sons Inc. believes they should receive funding due to their extensive experience in the hotel industry, which has allowed them to significantly boost their business value—even during challenging times like the COVID-19 pandemic and economic downturns.
The company faces competition from hotels, motels, and rental apartments. However, their competitive edge lies in their ability to offer higher quality accommodations, innovative marketing strategies, collaborations with well-known franchises, and overall facility upgrades.
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General Information
Business Registration Number: 202209737
Location: LIMA, OH, United States
Length of Operation: 2005
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
We are interested in expanding our business by buying a property and hiring employees to help boost the local economy. We want to bring more economic oppurtunities in the area, and in turn increase value of our business and properties nearby.
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Business Plan
We are hoping to buy local properties and upgrading them to higher brands with local investors. Increasing the value of the properties will also encourage other investors to invest in the area allowing the community to grow. We have extensive experience in the hotel industry and have successfully increased the value of our business exponentially. This has helped increased the value of the local area, even during Covid-19 Crisis and recessions.
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Self Identified Competition
Hotels Motels Rental apartments We can provide better quality rooms for our guests, create marketing tools, work with well known franchises, and upgrade facilities.
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Contact Applicant
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