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Society Skate Park and Coffee Inc.

Summary

Society Skate Park and Coffee Inc. is a coffee shop and skate park located at 583 Scott Street in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. The applicant has furloughed 4 PT and 1 FT employee. Curb-side delivery efforts were unsuccessful. Decrease of more than $25K in sales-Utility payment deferred for 3 months.
• Stabilization and Recovery Plan:
Invested in portable ramps to rent to customers who may not feel comfortable returning right away
• Implemented strict sanitizing protocols & employee wellness screens
• Coffee shop only allowing “standing” service; seating has been removed temporarily
• Skate Park is limiting the number of customers allowed in per hour
NEED Grant funds will be used for employee wages, rent, utilities, and supplies.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

5/29/2020

Society Skate Park and Coffee Inc.

583 Scott Street, Memphis, TN 38112