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Major Pieces Boutique

Summary

Major Pieces Boutique is a retail clothing store and beauty bar located at 5693 Mt. Moriah in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. The applicant laid off 4 contractors and 3part-time employees.-Past due 1 months’rent, deferred credit card payments.-Inventory delivery disrupted. -Paying operating expenses from personal savings.
Stabilization and Recovery Plan:
• Applied for and received $7,300 SBA PPP
• Made physical changes to space to ensure staff and public safety
• Re-opened nail and beauty bar
• Applicant studying e-commerce marketing strategies
Need Grant proceeds to be used to pay rent, purchase inventory and other operating expenses.

Financing Amount:

$8,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

6/12/2020

Major Pieces Boutique

5693 Mt Moriah, Memphis, TN 38115