‹ Back To Others

Miracles Barber Shop

Summary

Miracles Barber Shop is barber shop located at 6495 Winchester that has experienced at least a 25% drop in revenue as a result of COVID-19. The business exhausted its savings, lost all walk-in and appointments, and is unable to meet financial obligations.
Stabilization and Recovery Plan:
• Creating a new advertising and promotional strategy.
• Offering discounts to customers who return.
• Hiring a screener for customers as they enter the business.
NEED Grant funds will be used to purchase protective equipment in preparation for reopening and supplement fixed costs moving forward.

Financing Amount:

$3,500

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

8/7/2020

Miracles Barber Shop

5495 Winchester, Memphis, TN 38115