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3 Brothers & 2 Sisters dba Extreme Wear
Summary
3 Brothers & 2 Sisters dba Extreme Wear is a retail clothing store located at 4619 American Way that has experienced at least a 25% drop in revenue as a result of COVID-19. The store was forced to close for 1 month, lay off 8 employees, and is 3 months behind on rent.Stabilization and Recovery Plan:
• Applicant reopened offering curbside pickup
• Applied for and received SBA PPP $3,000 and EIDL $115,800 funding
• Operating under County Health Dept. Occupancy restrictions and safety guidance
• Increasing advertising on social media platforms
NEED Grant proceeds will be used for payroll and rent expenses
Financing Amount:
$5,000
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable
Approved
7/10/2020