Mikesmoldandmildew | Application Preview
Mikesmoldandmildew is seeking government grants to help cover essential expenses such as equipment, payroll, building rent, truck payments, workers' compensation, and general liability insurance. The business has faced challenges due to COVID-19 and is looking for financial support to retain its employees and avoid bankruptcy.
The business plan involves expanding their reach through targeted advertising in areas prone to crawlspace moisture issues. They intend to continue focusing on crawlspace and home renovation projects to build their reputation and manage larger teams and projects.
Funding approval is justified by the critical service they provide, which addresses the repair and prevention of damage to home foundations and subfloor infrastructure. Their primary competitors include Mount Valley Foundation Services, Complete Crawlspace, and Lowcountry Crawlspace Repairs, who have been established longer and possess more financial resources.
Mikesmoldandmildew's competitive advantage lies in their innovative approach to encapsulation and mold removal. Unlike their competitors, they use epoxy to secure wall systems instead of ram sets, reducing the risk of damage. Moreover, they utilize a less abrasive chemical for mold and mildew treatment, opting for a solution that is less toxic compared to the hydrochloride-based products commonly employed by others in the industry.
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General Information
Business Registration Number: 251515852
Location: Goose Creek, SC, United States
Length of Operation: 1 1/2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Aid in paying for equipment,workers, building rent, truck payments, workers comp and general liability insurance. Business has suffered from COVID and am hoping to receive small amount of funding to prevent losing the employe and filing for bankruptcy
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Business Plan
Hoping to expand through target ads in prime retail locations known for crawlspace moisture issues. Hoping to continue to operate within the crawlspace and home renovation field to establish the business name and operate larger crews and larger projects We provide a very critical service aimed at repairing and preventing future damage to home foundations and subfloor infrastructure.
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Self Identified Competition
Our top competitors are mount valley foundation services, complete crawlspace and lowcountry crawlspace repairs. They have been in service longer and have more financial backing We are a smaller group that tackles the crawlspace issues a little bit differently. The encapsulation services are still relatively new but we use an epoxy to secure the wall system instead of a ram set which drives nails into the brick potentially causing damage. We also attack any mold and mildew with a less abrasive chemical than bleach. A lot of our competitors use a hydrochloride based chemical which can be toxic during application and afterwards as well
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Contact Applicant
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