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J&H Graphic Screen Printing, Inc.

ID: ED20151201
Inner City Economic Development Loan
County Comission District: 10 | City Council District: 6


Jessie Horton, Jr., owner ofJ & H Graphic Screen Printing, is seeking an Inner City Economic Development (ICED) Loan to help fund HVAC installation, roof repairs and weather sealing, shop lighting, fencing and signage. Total Project costs are $31,966.

J & H Graphic Screen Printing was forced to relocate following the sale of the building the company rented for 14 years.The company purchased their new location and now needs to complete improvements to the property. J & H prints and packages t-shirts, caps and tote bags for businesses, school fundraisers and walk-in customers.

The loan will help the business retain 4 jobs and add 10 new employees as the operation ramps back up in the new 6,250 square foot location.

Staff recommends approval of an Inner City Economic Development Loan to J & H Graphic Screen Printing, Inc., not to exceed $21,310to be distributed as the owner completes significant portions of the project located at 2331 Elvis Presley Boulevard and an owner injection of$10,656 has been achieved and documented per the schedule below.

Loan Term:

3 years

Interest Rate:


Projected New Jobs:


Projected Retained Jobs:


Average Payroll:

Not applicable

Loan Amount:


Loan Use:

Building Improvements

Total Projected Capital Investment:

Real Property:
Not applicable

Not applicable

Not applicable

Not applicable

Machinery & Equipment:
Not applicable

Furniture, Fixtures, Office:
Not applicable

Not applicable

Fees & Soft Costs:
Not applicable

Permanent Working Capital:
Not applicable

Not applicable




Not applicable

J&H Graphic Screen Printing, Inc.

2331 Elvis Presley, Memphis, TN 38106