‹ Back To Others

Simply Fabulous, Inc.

Summary

Simply Fabulous, Inc. is a catering company located at 1353 Jackson Avenue in Memphis that has seen at least a 25% drop in revenue as a result of the COVID-19 pandemic. The crisis has led to the loss of two major contracts and a staff reduction from five full-time and 3 part-time employees down to two (Including owner).
Stabilization and Recovery Plan:
• Complete debt restructure due to loss of income
• Implemented meal specials for pickup or delivery
• Implement box food delivery concept and online ordering platform
• Grant funds will be used to for rent, advertising and marketing

Financing Amount:

$8,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

5/1/2020

Simply Fabulous, Inc.

1353 Jackson Ave., Memphis, TN 38107