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SALT LAKE CITY As scores of small businesses across the nation struggle to stay afloat, some desperately needed financial help is finally on the way.
Congress late Monday approved the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act a $325 billion aid package that was part of overall COVID-19 relief spending and is aimed at providing long-awaited additional assistance to the worst-suffering local businesses, not-for-profit organizations and entertainment facilities that continue to struggle to rebound from the effects of the coronavirus pandemic. Last time, it was a huge help. I was able to keep my staff on for another month-and-a-half. Unfortunately after that funding ended I had to let most of them go, said Molly Kohrman, owner of Brownies! Brownies! Brownies! in Sugar House, who applied for loans from the Coronavirus Aid, Relief, and Economic Security Act in the fall. I had seven staff pre-pandemic. I m now down to two and I ll probably be down to one