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Klaimongkol Culinary Services Inc. DBA Ono Po

Summary

Ono Poke is a restaurant located at 3145 Poplar Avenue in Memphis that has experienced at least. 25% drop in revenue as a result of COVID-19. The restaurant lost 70% of lunch business while people work from home. Staff has been reduced from 5 to 2 and the business has accumulated debt to landlord and vendors.
Stabilization and Recovery Plan:
• Worked out partial payment arrangement with landlord
• Vendor and debt payments suspended for 3 to 5 months
• Reduced menu offerings to reduce food costs
• Reduced hours and focused business on take-out and delivery only
The NEED Grant funds will be used to supplement rent, payroll and inventory.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

2/3/2021

Klaimongkol Culinary Services Inc. DBA Ono Po

3145 Poplar Avenue, Memphis, TN 38111