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Eggxactly Breakfast & Deli

ID: ED20180802
Inner City Economic Development Loan
County Comission District: 09 | City Council District: 03, 08

Summary

Eggxactly Breakfast & Deli is owned and operated by Wendell and Adrena Jackson. Eggxactly Breakfast & Deli applied for assistance to help improve the exterior appearance and complete interior renovations of the 1,632 square foot facility located constructed in 1952.

Eggxactly will combine an eclectic, southern-style atmosphere with excellent customer service and delicious, homemade food. The restaurant will be open from early-morning breakfast hours through mid-afternoon for lunch. The goal is to become a neighborhood meeting spot by offering an inviting and community-friendly atmosphere.

The project is supported by the Greater Whitehaven Economic Redevelopment Corporation. Total qualified projects costs are estimated to be $33,509. Eggxactly Breakfast & Deli was approved for an EDGE ICED Loan not to exceed $20,000.

Loan Term:

3

Interest Rate:

Not applicable

Projected New Jobs:

2

Projected Retained Jobs:

Not applicable

Average Payroll:

Not applicable

Loan Amount:

$20,000

Loan Use:

exterior improvements signage installation driveway repair

Total Projected Capital Investment:

$33,509
Real Property:
Not applicable

Acquisition:
Not applicable

Construction:
Not applicable

Renovation:
Not applicable

Machinery & Equipment:
Not applicable

Furniture, Fixtures, Office:
Not applicable

Equipment:
Not applicable

Fees & Soft Costs:
Not applicable

Permanent Working Capital:
Not applicable

Miscellaneous:
Not applicable

Approved

8/1/2018

Closing

Not approved

Eggxactly Breakfast & Deli

1248 Marlin Road, Memphis, TN 38116