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Fuel Café

Summary

Fuel Café is a catering and food truck company located at 684 S. Cox in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. All backstage catering jobs for the Orpheum, Fed Ex Forum, Botanic and more were cancelled. Due to restrictions on public gatherings, food truck opportunities closed. The business furloughed 3 employees. The owner is currently not taking a salary.
Stabilization and Recovery Plan:
• Future catering opportunities are booked for August
• Reaching out to the film commission and previous producers for open opportunities
• Registered as a Government Contractor
• Applied for PPP
• Received a $15,800 infusion from PPP
NEED Grant funds will be used for rent, utilities, insurance, and accounting fees.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

6/19/2020

Fuel Café

684 S. Cox, Memphis, TN 38104