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The Neely Agency, LLC.

Summary

The Neely Agencey is a PR, advertising and marketing agency located at 254 Court Avenue that has experienced at least a 25% drop in revenue as a result of COVID-19. The business was forced to close, lay off 1 part time employee, experienced sales interruptions and use reserves to meet financial obligations.
Stabilization and Recovery Plan:
• Received $10,000 from PPP and $75,000 from EIDL
• Paid off outstanding business debts
• Implemented a “Back to Business” marketing campaign to generate new business
NEED Grant funds will be used for rent and/or other fixed costs.

Financing Amount:

$2,200

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

7/24/2020

The Neely Agency, LLC.

254 Court Avenue , Memphis, TN 38103