Loyal T Services | Application Preview
Loyal T Services is seeking government grants to acquire essential equipment, including a CNC machine, lathe, sandblasting and washing stations, and other machines necessary for valve repairs. The funds will also be utilized to hire skilled personnel and purchase parts for repairs, leveraging existing industry connections to ensure quality staffing.
The business plan highlights the need to secure a loan to facilitate growth. With over 40 years of experience in the natural gas compressor industry, the founder has a solid network and expertise to expand the company successfully.
Approval of funding is justified by the company's leadership, comprised of Marine Corps veterans who bring resilience and proficiency in their field. Loyal T Services has already generated over $20,000 in invoices within a short timeframe, despite limited capabilities. The company has established a reputation in the local market and has a loyal client base eager for their services once the shop is fully operational.
In terms of competition, Loyal T Services differentiates itself from other companies like M&J Valve Services, Samco, and Cook by offering lower prices and superior quality due to a streamlined team. While competitors face issues such as high overhead costs, slow turnaround times, and lost orders, Loyal T Services promises to maintain high standards and efficient service.
The company’s competitive edge lies in its commitment to building partnerships rather than merely transactional relationships. They prioritize open communication regarding repairs and ensure 24/7 availability to support clients, offering reassurance that they are always on call for urgent needs.
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General Information
Business Registration Number: 92-4001642
Location: Oklahoma City, OK, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
We would use the funds to obtain an CNC machine to cut valves. A lath, sandblasted, press, wash stations. Various other machines to perform our repairs. Also the funds will be used to hire the man power and experience we would need. Which we already have the connections to get. We would also need the funds to purchase some parts to have for the repairs.
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Business Plan
I need to secure a loan so that I can get the equipment and the employees to help grow the business. I have more than 40 years in the field of work. I have all the connections and the experience to make the company grow. The company is run by Marine Corps veterans who know what to do when the going gets tough. With our experience in the natural gas compressor field we are well known in our area and already have loyal clients waiting to use us when we have our shop all set up. At this moment we are already bringing in work and in half a month was able to secure over $20,000 in invoices with just are small capabilities due to not having the funds to get a full functioning shop and employees to run the machines.
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Self Identified Competition
M&J valve services= M&J charge way to much for their service due to the large overhead they have as a company. We would be able to have lower prices and have better quality due to a more streamline elite team. Samco=They are a huge company that tend to go after only the bigger projects and they are known for their late turn around rate and lower quality products. We would have way better quality products and turn around times. Cook=The quality is right down the middle but they also don’t have good turn around times and they tend to lose track of orders from time to time. We will have the best quality and never lose a product. We are in the business to create partners not clients. We are not scared to tell exactly how it is and what your should do to repair your machine. But we also know that funding is not always available so in the end we will perform exactly what repairs you want us to make and get your machine back operational. We pick up our phone 24/7 any day. With our background we are always on call.
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Contact Applicant
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