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Firefly Media LLC
Summary
Firefly Media LLC is a TV and film lighting rental company located at 2704 Huntley in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. The company has experienced a 93% YOY drop in revenue. Almost all production has stopped. It is unknown when new production schedules will be developed.Stabilization and Recovery Plan:
• Applied for EIDL and received PPP for owner’s compensation
• Remained current on fixed cost payments through savings
• Working on equipment maintenance
• Planning to increase visibility and expand the image of the business post-recovery
NEED Grant funds will be used to for rent, insurance and equipment payments.
Financing Amount:
$6,000
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable