Featured:

Loving Arms Home Care Agency

Memphis, TN (2020)

Finances working capital and expansion plans for Loving Arms, LLC, a minority owned business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual and development disabilities that require assistance to ensure the activities and necessities of daily living are met.

COMMUNITY IMPACT
  • 308 FTE jobs
FINANCING SOURCES
  • NMTC amount: $7,000,000
  • Total Project Costs: $7,381,942
  • CDE:
PROJECT LOCATION

6064 Apple Tree Drive

Memphis, TN 38115

Project Description

Finances working capital and expansion plans for Loving Arms, LLC, a minority owned business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual and development disabilities that require assistance to ensure the activities and necessities of daily living are met. It will help the company meet its growing demand for services within a region that has been heavily impacted by COVID-19 and ultimately help create 85 new FTES, maintain 219 FTEs and retain four FTEs.