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INSPIRE Community Café

Summary

INSPIRE Community Café is a restaurant located at 510 Tillman in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Staffing was reduced from 7 to 3 people. There has been a drastic reduction in the customer base due to people working from home and children doing online learning. The business has been forced to drastically reduce orders with local small vendors.
• Stabilization and Recovery Plan:
Landlord granted 5 months of rent abatement
• Building out an online ordering & payment platform and adding new "grab n go" menu items
• Creating a discount card program for people who live or work within one square mile of the café
• Received a $24,500 infusion from PPP, $10,000 from the City of Memphis’ Small Business Stabilization Grant and $5,000 from the State of TN
The NEED Grant funds will be used for salaries, rent and overhead expenses.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

2/26/2021

INSPIRE Community Café

510 Tillman Street, Suite 110, Memphis, TN 38112