What is LaFever Excavating?
LaFever Excavating, Inc. is a long-standing excavating contractor operating in southeastern New York State, with over six decades of experience serving commercial, residential, and municipal clients. The company's comprehensive service offerings include land clearing, site development, wastewater collection and treatment systems, and demolition. LaFever Excavating is recognized for its commitment to delivering high-quality services and ensuring customer satisfaction through an honest and direct operational approach. Their service area encompasses Delaware County and extends into parts of Otsego, Schoharie, and Ulster counties.
How much funding has LaFever Excavating raised?
LaFever Excavating has raised a total of $379K across 2 funding rounds:
Debt
$150K
Debt
$229K
Debt (2020): $150K with participation from PPP
Debt (2021): $229K led by PPP
What's next for LaFever Excavating?
The recent large-scale, late-stage funding indicates a strategic move by LaFever Excavating to further solidify its market position and potentially expand its operational capabilities or service reach. This capital infusion is likely to support the company's continued growth and its ability to undertake larger, more complex projects, reinforcing its reputation as a reliable contractor in the region.
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