David Zalubowski/AP
The front doors of a closed restaurant are secured by a chain wound through the handles of the doors and a padlock Friday, Oct. 2, 2020, in Northglenn, Colo.
Victor Uruchurtu moved to the U.S. from Mexico 12 years ago. He started his own disaster restoration business in Denver for homes with flood damage.
He came close to shutting down when the pandemic hit.
“It was pretty pretty intense,” Uruchurtu said.
The large companies that contract with him fell behind on payments – and homeowners were reluctant to let his crew inside.
“All of that together is like the perfect storm,” Uruchurtu said. “You cannot get more jobs not because the jobs are not there, but because the homeowners don’t want you in their homes.”
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
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KANSAS CITY, Mo., Jan. 13, 2021 (GLOBE NEWSWIRE) The stimulus package signed into law in late December includes more relief for struggling small business owners, including a second round of Payroll Protection Program (PPP) loans starting this week. However, everyday Americans who operate small businesses or are self-employed may be left unsure of how to maximize their options. Block Advisors small business certified tax pros are here to help.
By STEFAN MODRICHÂ
The Small Business Administration (SBA) provided a lifeline to many businesses of varying sizes and across several industries in Fort Bend County through the Paycheck Protection Program (PPP).
The list of loan recipients in zip code 77478, which includes Sugar Land, was dominated by food distributors and restaurant franchisors. Tri City Foods, Inc., which is one of the largest franchise networks of Burger King in the area, garnered a $10 million PPP loan, the most in 77478. Within the same zip code is a Dynamic Fitness location, which received $539,736 in PPP loans and $150,000 in Economic Injury Disaster Loans (EIDL).
Jared Williams, CEO and managing partner at Dynamic Fitness, which also has locations in Pearland and Katy, said he was impressed with the efficiency of the application process and the distribution of the loans.
Another round of payroll loans targeted to help struggling businesses (Source: WSFA 12 News) By Amanda Roberts | January 12, 2021 at 10:40 PM CST - Updated January 13 at 5:51 PM
NEW ORLEANS (WVUE) - The federal government launched another round of the paycheck protection program, or PPP this week.
Throughout the pandemic, Chef Frank Brigtsen has kept safety top of mind for his staff at his flagship restaurant which meant a good dose of creativity.
âIn the last 10 months, I wrote cookbooks to sell online, spice blends, T-shirts, hats to sell online, a takeout business,â said Brigtsen.
Reopening after the summer shutdown though, Brigtsen says they ran through the paycheck protection loan money, with the only option of re-opening the dining room. But additional COVID restrictions made that even more challenging.