Suga Moma's Cupcakes & Thangs | Application Preview
Suga Moma's Cupcakes & Thangs, owned by Latoshia Hampton-Gladney, is a woman, black/African American, veteran-owned small business located in Louisville, MS. After operating for one year in a physical store, the business is seeking grants to support improvements such as a new roof, upgraded equipment, and enhanced electrical work.
The proposed upgrades aim to enhance both the quality and quantity of products offered to the community. Latoshia intends to hire additional staff to help manage daily operations and support business growth.
Her personal journey as a cancer survivor drives her passion for baking, and she sees her business as a realization of a dream that brings her joy. Suga Moma's Cupcakes & Thangs has made a positive impact in the community, contributing through volunteer work and membership on the Chamber of Commerce Board of Directors. The business was also recognized as the Best New Business in Mississippi for 2022.
In terms of competition, the bakery faces entities like Wal-Mart, but its competitive edge lies in providing fresh, daily-baked goods and a welcoming space for events such as birthday parties. The focus on exceptional customer service sets them apart in the market.
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General Information
Business Registration Number: Suga Moma's Cupcakes & Thangs
Location: Louisville, MS, 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
My name is Latoshia Hampton-Gladney. I am a woman, black/African American/Veteran owned small business in Louisville, MS. We have been in business one year in a brick and mortar shop. I am looking for more information on applying for a small business loan to get a new roof, better equipment, upgraded electrical work to our facility.
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Business Plan
With a more up to date facility and better equipment, I plan to expand the quantity and quality of our product for the community. I am also looking to hire employees to assist in the daily development of the business. As a cancer survivor, baking was the one thing that gave me a sense of peace during such a difficult time. Being in remission, I've made that dream a reality. We have been in business 1 full year in our hometown where we haven't had a brick and mortar business since I was a child. I love baking & I am dedicated & motivated to continue this business. We are also a huge volunteer in our community, member of the Chamber of Commerce Board of Directors & we have been voted the Best New Business for 2022 in Mississippi. Our mission is to make a difference in our community as well as surrounding communities.
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Self Identified Competition
Wal-Mart Vowells We provide fresh product that are baked daily and provide a facility for birthday parties/game nights/ family fun days to be held. We pride ourselves in awesome customer service to every customer.
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Contact Applicant
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