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A Cut Above Lawn Service Corp.

Summary

A Cut Above Lawn Service Corp. is a lawn care business located at 1331 Union Avenue Suite 1000 that has experienced at least a 25% drop in revenue as a result of COVID-19. The Applicant has reduced all employee hours to prevent furloughing or terminating anyone.-Over $13,000 LOR due to delay in start or scaling back of services on commercial/government contracts.-Outstanding invoices from March-April of more than $16,000 due to customers being closed.
Stabilization and Recovery Plan:

• Requiring all employees to wear PPE while servicing clients and riding together
• Commonly touched areas on vehicles are wiped down between drivers /at the end of each day
• Plans to advertise using Social Media and with local Chambers of Commerce
NEED Grant funds will be used for rent, utilities, insurance, and payroll.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

5/8/2020

A Cut Above Lawn Service Corp.

1331 Union Avenue , Ste. 1000 Memphis, TN 38104