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901 Physical Therapy

Summary

901 Physical Therapy is an outpatient orthopedic physical therapy clinic
located at 2637 that has experienced at least a 25% drop in revenue as a result
of COVID-19. The clinic was forced to reduce staff to part-time and institute
new disinfection procedures, social distancing guidelines and temperature
checks.
Stabilization and Recovery Plan:
- April rent forgiven.
- Launched online tele-health platform.
- Created educational content, ebooks and videos.
- Strengthened online and social media presence.
- Received PPP which covered April and May payroll.
NEED Grant funds will be used to supplement rent of $2,500 per month
moving forward.

Financing Amount:

$6,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

6/19/2020

901 Physical Therapy

2637 Broad Avenue, Memphis, TN 38112