KTEE Enterprise LLC | Application Preview
KTEE Enterprise LLC is seeking government grants to support its mission of aiding families facing financial hardships. The funding will be utilized to enhance marketing efforts aimed at reaching these families, as well as to purchase and rehabilitate distressed properties, ultimately putting them back into safe and functional condition within the community. This initiative is designed to help restore neighborhoods and contribute to local tax revenue.
The business plan emphasizes expanding marketing to assist a greater number of families, acquiring properties that can be refurbished into rental units, including Section 8 housing where appropriate. This approach aims to provide relief to struggling families, potentially avoiding costly legal challenges, while also enhancing property values in the area.
The application argues for approval based on the company's core mission of helping people. KTEE Enterprise identifies families in financial distress and offers support either through resource provision or by purchasing their homes for reconditioning.
While facing competition from various entities in the field, KTEE believes its competitive advantage lies in having the necessary working capital to act quickly to purchase homes when it is the best option for clients. The organization's genuine commitment to prioritizing the needs of local families sets it apart, as it seeks solutions that may not always result in a property sale but still support families in recovering from their challenges.
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General Information
Business Registration Number: 716324
Location: Ames, IA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
This money would allow me to continue to find and market to families that are enduring financial struggles and be able help them recover in the way that is most beneficial to them. This would also allow for the purchasing of a property, completing the reconditioning and put it back into safe fully functioning use in the community. Which again helps to clean up distressed neighborhoods and increase local government taxes.
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Business Plan
I will continue to grow my marketing to be able to assist more families. I will be able to purchase distressed properties to recondition them. I will be reconditioning the "right" properties into rentals including Section 8 when and where it fits best. All allowing families in distress some relief, preventing expensive legal proceedings and increasing neighborhood values. Our main purpose is to help people. We identify families struggling financial and assist them in either providing resources to help them recover or by purchasing their home to be able to recondition to put back into safe usable condition.
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Self Identified Competition
I have several competitors. I don't know that I can identify just 3. The main thing separates me from them is the working capital to move fast if purchasing the home is the best solution for the clients. We truly focus no helping local families and put their needs and situation first. Yes we generate revenue from Real Estate transactions but we have compassion and truly want what is best for each individual family even if that means that we just provide resources and the family is able to recover without the need to sell their property.
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Contact Applicant
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