Wash My Dog Grooming Service

Excited about providing a convenient, high-quality grooming business for dog owners in their area, Andrea and Terryl decided to open Wash My Dog in 2019. Andrea and Terryl had some of their own savings to invest in their new small business, but still needed additional funding to purchase grooming equipment and supplies as well as complete the build-out of the Wash My Dog retail space. Initially, they reached out to the City of Los Angeles Business Source Center, where a consultant referred them to nonprofit CDC Small Business Finance.

Once in touch with CDC Small Business Finance, the two partners were connected with experts in the Business Advising Services department, who help potential borrowers develop business plans and revenue and expense projections en route to maximizing their chance of getting a loan.

When all was said and done, CDC Small Business Finance approved an SBA Microloan to help Andrea and Terryl launch Wash My Dog. In addition to covering the start-up costs to open the business, the financing allowed the partners to refinance high-interest credit card debt.

Eleven months into the life of Wash My Dog the COVID 19 pandemic descended on small businesses. To help make ends meet and continue to employ their four employees, Andrea and Terryl returned to CDC Small Business Finance to apply for a SBA Payroll Protection Program (PPP) loan, which they used to help retain their employees.

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