Subsidy Tracker Individual Entry

Company: 
Neightborhood Grocery
Parent Company: 
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
1362 South Main Street
Zip: 
38106
Project Description: 

The loan will help complete renovations to the 1,900 square foot building, enable him to apply stucco and paint the exterior, correct damage to the interior ceiling and install a kitchen. Mr. Ibrahim then plans to hire two new employees

Year: 
2016
Value of Loan, Loan Guarantee or Bailout Assistance: 
$18,278
Loan Value Notes: 

Loan amounts do not reflect repayments. See the original source for that information.

Program Name: 
Memphis/ Shelby County: Inner City Economic Development Loan
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
loan
Number of Jobs or Training Slots: 
4
Capital Investment: 
$30,500
Notes: 

Subsidy is loan with 0% interest. Year is year loan approved. Jobs figure is 2 retained and 2 created jobs. Capital investment is private investment is project.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.