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GLOBAL CAFÉ, LLC 2

Summary

Global Cafe was originally awarded an EDGE NEED grant on 8/28/2020. An additional grant award of $5,000 was provided due to the effects of a subsequent Shelby County Health Department health directive placed on restaurants, bars and local grocery stores.

Global Café is a restaurant located in Crosstown Concourse that has experienced at least a 25% drop in revenue as a result of COVID-19. The owner has had to lay-off six part-time employees. Food costs have skyrocketed recently and restaurant traffic has been cut in half due to the Concourse businesses being closed.
Stabilization and Recovery Plan:
• Switched to online and delivery ordering
• Able to serve alcohol on the go
• Creating new drink menus
• Modified hours to fit with crowd flow
• Received a $94,000 infusion from PPP
NEED Grant funds will be used for 1 month of rent and business insurance.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

1/19/2021

GLOBAL CAFÉ, LLC 2

1350 Concourse Avenue, Suite 157 Memphis, TN 38104