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Luxurious Styles Salon

Summary

Luxurious Styles Salon is a salon located at 4606 Quince that has experienced at least a 25% drop in revenue as a result of COVID-19. The business closed on March 27. Three employees were out of work for three months. Customers are returning very slowly and remain cautious.
Stabilization and Recovery Plan:
• Implementing health protocols
• Gradually extending operating hours
• Received $2,000 Shelby County Beautiful Comeback grant
NEED Grant funds will be used to pay delinquent rent and supplement rent moving forward.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

10/7/2020

Luxurious Styles Salon

4606 Quince, Memphis, TN 38117