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Angela’s Gifted Hands Salon

Summary

Angela’s Gifted Hands Salon is a beauty salon that has seen at least a 25% drop in revenue as a result of COVID-19. The salon closed and planned to wait out pandemic. The owner lost all stylists and fell behind on all bills.
Stabilization and Recovery Plan:
• Caught up on lease payments
• Reopened in December with limited capacity
• Developed client outreach plan
• Received$2,500 from Shelby County, $1,300 from BBA, $1,000 PPP
The NEED Grant funds will be used to satisfy $1,054 in outstanding obligations, offset disinfecting expenses and supplement rent moving forward.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

1/6/2021

Angela’s Gifted Hands Salon

6071 Apple Tree Drive, Suite 3 Memphis, TN 38115