From fighting forest fires to laying carpet in day care centers, CNNMoney.com takes a look at what 5 small businesses that got stimulus-funded contracts are doing with taxpayers’ dollars.
Leetex Construction in Dallas won just over $2 million in stimulus contracts to renovate existing construction, primarily at Fort Hood, a nearby Army base. The projects, each of which took between two and three months, are nearly complete.
Rick Karlos, Leetex Construction’s owner, added six employees: four to work in the field and two to manage the paperwork associated with the government contracts.
But Karlos isn’t complaining about the administrative overhead. “It is not a problem, it is just another step,” Karlos says. “Our industry, on the private side, there is not any work. It is an awful time. There is state work, country work, city work, but in the private sector, there is not any work.”
Karlos sees 25 resumes come across his desk every day. Currently, he employs about 15 full-time workers, but that number is in constant flux depending on the workload. Without the stimulus projects, it could very well have plummeted to zero.
“Without the stimulus money, I am not sure we would still be here,” Karlos says of his company, which opened in 2002.
Photo by Leetex Construction.