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Louisiana Seafood Market, INC

Summary

Louisiana Seafood Market is a seafood market and restaurant located at 3551 Tchulahoma Road in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Dine-in activity has ceased and carry out has slowed. The business has had to lay off 2 of 4 employees and has had trouble keeping up with rent and product costs.
Stabilization and Recovery Plan:
• Looking for lower cost suppliers
• Advertising discounts to attract customers
• Using time to clean and do maintenance on the building
The NEED Grant funds will be used to supplement rent and inventory expenses.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

2/3/2021

Louisiana Seafood Market, INC

3551 Tchulahoma, Memphis, TN 38118