COMBINED PILOT & LOAN SCORECARD
total jobs 12,958
Average Wage (PILOTS only) $75,763
investment $2,502,582,635
mwbe/losb target spending $395,990,833
total new tax revenue generated $951,511,611
total tax abated $348,434,587
benefit to cost ratio 2.73
incentive amount per job per year $2,932
average pilot term 9 years
number of pilots approved 57
number of loans approved 40
total loan amount $3,084,830
Pilot Data
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Date Approved Company Name Total Jobs Projected
Investment
Projected
MWBE/LOSB
Spending
Projected
Benefit to
Cost Ratio
2017-05-17 Cargill Inc. 24 $20,000,000 $59,265 1.27
2017-05-17 SPV-NA1, LLC (dba, NouriTech) 66 $120,000,000 $25,237,714 0.53
2017-05-17 Neighborhood Docs 42 $3,744,919 $655,078 2.69
2017-04-19 Nucor Steel Memphis, Inc. 15 $8,100,000 $133,963 1
2017-04-19 Ebrofrost North America, Inc. 16 $25,914,467 $3,005,577 0.78
Loan Data
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Date Approved Company Name Total Jobs Projected
Investment
Loan Type Loan
Amount
2017-02-01 Champion's Pharmacy and Herb Store 4 $33,600 Inner City Economic Development Loan $20,000
2017-02-01 Park Place Recycling & Logistics 15 $30,000 Inner City Economic Development Loan $20,000
2016-11-02 Three Sisters Deli 3 $42,508 Inner City Economic Development Loan $18,946
2016-11-02 Knowledge Quest 20 $30,040 Inner City Economic Development Loan $20,000
2016-11-02 South Memphis Alliance, Inc. 5 $38,200 Inner City Economic Development Loan $20,000