| total jobs | 38,304 |
| total capital investment | $6,799,843,298 |
| number of pilots approved | 124 |
| mwbe/losb target spending* | $799,311,254 |
| Average Wage (PILOTS only) | $64,712 |
| average pilot term | 10 years |
| LOCAL TAX REVENUES GENERATED | $1,690,201,940 |
| total tax abated | $766,422,091 |
| benefit to cost ratio | 2.21 |
| incentive amount per job per year | $3,259 |
| number of tifs approved | 5 |
| number of loans approved | 70 |
| total loan amount | $3,803,330 |
| number of bonds approved | 8 |
| total bond amount | $413,482,850 |
| number of others approved | 217 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Projected MWBE/LOSB Spending |
Projected Benefit to Cost Ratio |
|---|---|---|---|---|---|
| 2021-03-17 | Mullen Technologies Inc. | 434 | $362,400,000 | $9,742,780 | 1.3 |
| 2021-03-17 | Alphatec Spine, Inc. | 95 | $3,500,000 | $462,852 | 7.88 |
| 2021-01-20 | Eversana Life Science Services, LLC | 365 | $30,000,000 | $6,579,634 | 2.76 |
| 2021-01-20 | Imperial Industrial Supply Company | 35 | $20,900,000 | $913,951 | 0.68 |
| 2021-01-20 | Ubiquiti Inc. | 25 | $5,000,000 | $768,181 | 0.95 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
TIF Amount |
|---|---|---|---|---|
| 2019-10-16 | Raleigh Town Center | $91,000,000 | $29,000,000 | |
| 2018-07-25 | Poplar Corridor Business District Association of Owners | 7,000 | $499,500,000 | $91,200,000 |
| 2018-06-20 | Parkside at Shelby Farms Development Area | 146 | $375,000,000 | $96,400,000 |
| 2016-09-21 | UNDC-Highland Strip Revitalization | 235 | $21,100,000 | $21,100,000 |
| 2014-11-25 | Elvis Presley Enterprises, Inc. | 280 | $137,000,000 | $21,293,860 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Loan Type | Loan Amount |
|---|---|---|---|---|---|
| 2021-04-07 | The Vineyard, LLC | 2 | $24,274 | Inner City Economic Development Loan | $12,000 |
| 2020-12-02 | Muhsen Najdawi dba Turbo Knights | 2 | $72,700 | Inner City Economic Development Loan | $12,000 |
| 2020-11-04 | Edna Banks-Hawkins, dba Mot & Ed’s Southern Eatery | 3 | $58,065 | Inner City Economic Development Loan | $15,000 |
| 2020-08-28 | Haven Representations, LLC dba Nubian Design | 6 | $24,000 | Inner City Economic Development Loan | $16,000 |
| 2020-08-07 | 1570 Vollintine Ave (Timothy S. Hubbard) | 3 | $643,500 | Inner City Economic Development Loan | $25,000 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Bond Amount |
|---|---|---|---|---|
| 2021-02-17 | Distilled Spirits Inc. | 15 | $17,900,000 | $15,000,000 |
| 2018-12-19 | Young Men's Christian Association | 606 | $7,500,000 | $7,500,000 |
| 2017-09-20 | Elvis Presley Enterprises, Inc. Series 2017 | 280 | $20,000,000 | $104,300,000 |
| 2017-06-21 | Southbrook Towne Center | 379 | $7,700,000 | $2,142,850 |
| 2017-03-15 | City of Memphis - TDZ Revenue Refunding Bonds | $200,758,000 | $158,240,000 |
| Date Approved | Company Name | Total Jobs | Projected Investment |
Financing Amount |
|---|---|---|---|---|
| 2021-04-07 | Saucy Chicken, LLC | $5,000 | ||
| 2021-02-26 | INSPIRE Community Café | $5,000 | ||
| 2021-02-12 | EGGXACTLY BREAKFAST & DELI 2 | $5,000 | ||
| 2021-02-12 | AREA 51 ICE CREAM LLC 2 | $5,000 | ||
| 2021-02-03 | Blooming Noshings DBA Sweet Noshings | $5,000 | ||
| FTZ-77 Total Value of Shipments | $97,409,593,581 | |||
| Total NEED Grants | 175 | |||