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The business is currently located at 3310 Quinn Lane, Spring, Texas. The company has seen tremendous success and growth over the past two years and therefore is seeking capital in the amount of $200,000 for the purpose of relocating into a larger facility. The new location will be leased at the price of $16.00 per sq. ft. The new facility will be 1,200 sq. ft. in size for the total lease amount of $19,200 per month.
The $200,000 loan will help the company lease this new facility and pre-pay ten months worth of rent in advance as well as cover the moving expense. This new facility will aid the company in servicing more clients at the same time and benefitting the company with the continuing growth of its client base...
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