J-Handy LLC | Application Preview
J-Handy LLC is seeking a government grant to support the acquisition of a home builder's license, which requires a $10,000 deposit to mature for 60 days. This license is expected to significantly enhance the company's reputation and business prospects. The company is financially backed by investors and aims to build and flip homes, ultimately reducing reliance on outside funding.
The business has established a strong local brand and has previously assisted in launching new small businesses in the community. A grant would facilitate further growth, allowing J-Handy LLC to create more jobs and positively impact the lives of its employees and their families.
The application highlights that the current team consists of four members, all of whom support a total of 11 children and care for an elderly family member. They emphasize that this grant could generate a $100,000 increase in annual income. The company prides itself on being debt-free and intends to leverage this successful trajectory for future financing.
In terms of competition, J-Handy LLC faces larger established construction firms like Hathcock Remodeling, Saliba Construction, and Tolleson Construction. However, its competitive advantage lies in being a small, hands-on operation that fosters personal relationships with clients and employees. This approach has resulted in a loyal customer base and a strong community presence, driven by a commitment to quality and care in their work.
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General Information
Business Registration Number: 814421658
Location: Headland, AL, United States
Length of Operation: 5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
This money will be deposited into the company savings account to mature for 60 days. In the meantime I will be acquiring my home builders license training and test completion. This matured $10000 is a requirement needed to acquire said license. Having this license will skyrocket my already well branded local company name.
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Business Plan
I'm already financially backed by investors. I will be building and flipping homes for them. I've branded my company with a trusted and talked about name locally. I plan to build enough capitol to no longer lean on outside investors and stand alone. I've helped build new small businesses in my community. I will continue to grow this business and my community. A grant would only spring these opportunities forward for this company. In response I will continue to put that money forward to build careers in our communities. Investors enjoy making money. I also believe they enjoy seeing their money make positive influences for the people around them. This small grant would not only increase my ability to grow in my capabilities as a remodeling contractor but it will open up new opportunities for my current employees and create openings for new jobs. Helping my company grow will absolutely have an incredibly great impact on my crew and our families. My crew consist of 3 men plus myself. These 4 men care for 4 women and a total of 11 children between all of us. I also care for my mother. This small grant would make a $100k difference for us in added income each year. I will make these things happen on my own but it will take me much longer. Everything I have built i have done with no loans. I still have zero business loans or debt. I planned to have that on my resume when I apply for my first construction loan. I started this business with only $8k. Today I have the equipment and work load consistently to employ 4 men legally and responsibility. Please do something good for our families. We would more than appreciate the boost in chasing our American dream!
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Self Identified Competition
1. Hathcock Remodeling is a large remodeling company locally that have big money and a large presence locally. 2. Saliba Construction is a large Construction company. They are into new building, additions, and remodeling. They are a big local name. The former mayor is the owner of Saliba Construction. 3. Tolleson Construction is probably the 3rd largest Construction company involved in new construction and remodeling. Also a big name company. I am a small business owner, operator, PR manager, accountant, trainer, salesman, and motivator. I'm always present on the job site everyday and make sure to create positive relationships with new customers. My crew members know that can count on me. I create a personal relationship with my crew and we consider each other like family. This bleeds into our work and our customer base feels this positivity and always calls us for the next project. We have a great and loyal customer base. Our website shows that with our followers. Our company name is branded in our community not just for what we do but how we do it and the professional treatment they know they can expect. Our community knows we care about and take pride in our work.
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Contact Applicant
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