100%

funded

Total loan: $4,500

Darrick

Flag of United States
Charlotte, NC, United States / Services

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A loan helped minority-own business overcome the challenges posed by the COVID-19 crisis.


Darrick's story

I am the CEO and the Senior Software Engineer/Consultant of my company. I have worked in the IT industry since 1992, both designing and developing customized software for a wide range of applications. With over 10 years of experience as a Senior Software Architect/Engineer, I bring a wealth of knowledge to IntegriSoft, LLC. I have published multiple articles on IT topics ranging from robotics to local area networks, and I have also held positions as a software engineer for major contractors in the government and commercial industries. My personal Website: www.addisondarrick.com The COVID-19 pandemic has substantially impacted IntegriSoft�s overall sales revenue, operations, marketing and payroll. For example, IntegriSoft executed a contract engagement with a Miami based healthcare vendor before the peak of the pandemic and was later notified by the customer concerning a family member contracting the coronavirus. Unfortunately, we discovered a few months later that the customer made the financial decision to terminated the agreement which significantly impacted our 2-quarter sales. Unfortunately, our payroll department has also been significantly impacted having to make the difficult decision of laying off at least 4-5 employees over the last two quarters of this 2020 fiscal year. In addition, our business marketing department has declined drastically after the lay-off of our Sr. Marketing Analyst. Lastly, because of the restrictions enforced by our business office suite in University Charlotte we are limited to the total number of potential customers that can visit our office space to discuss new business opportunities. These strict measures include the mandate of mask wearing and social distancing restrictions imposed by our property management team.