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MegadealsSubsidy 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 or bond financing
Number of Jobs or Training Slots: 4
Capital Investment: $30,500
Source of Data:
(click here)
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.