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Flashback Inc.

Summary

Flashback Inc. is an antique furniture and vintage clothing retailer located at 2304 Central that has experienced at least a 25% drop in revenue as a result of COVID-19. Revenue is 10% of normal for this time of year. Part time staff was cut from 3 to 1. The opportunity to replenish inventory has been eliminated.
Stabilization and Recovery Plan:
• April rent has been deferred
• Bills current through savings
• Investigating internet sales
• Applied for SBA PPP
NEED Grant funds will supplement rent, insurance and taxes until economy and business strengthens.

Financing Amount:

$8,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

6/5/2020

Flashback Inc.

2304 Central, Memphis, TN 38104