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Mobile Drug Testing

Summary

Mobile Drug Testing is a drug testing business located at 3592 Knight Arnold Road, Suite 327 in Memphis that has seen at least a 25% drop in revenue as a resul of COVID-19. Client accounts billed for monthly drug testing services are on a hiring freeze. The owner is relying on credit cards to pay expenses and is past due with company overhead bills such as laboratory invoices.
Stabilization and Recovery Plan:
• Launching a heavy marketing campaign to include Bing and Google ads
• Calling on previous customers to see if they have a need for drug testing services
• Currently administering COVID-19 tests for employers
• Has applied for PPP
NEED Grant funds will be used for rent, past due invoices, and credit card payments.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

5/29/2020

Mobile Drug Testing

3592 Knight Arnold Road, Suite 327, Memphis, TN 38118