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Victor Flores, 66, a third-generation owner of a gift shop, sweeps the steps of his store on Olvera Street in downtown Los Angeles, Wednesday, Dec. 16, 2020. Millions of business owners are about to get additional help as they weather the coronavirus outbreak. The Small Business Administration and the Treasury Department are reviving the Paycheck Protection Program five months after its first two rounds of funding ended. (AP Photo/Jae C. Hong, file)
NEW YORK (AP) For Nancy Sinoway, a second coronavirus relief loan would increase the chances that her dressmaking business will survive.
“I could use it for marketing, for new samples. I could use it as a lifeline,” says Sinoway, who designs and makes dresses for occasions like weddings and proms. She was flooded with order cancellations starting in early March as the virus spread and large gatherings and events were abandoned.
More coronavirus relief on the way for small businesses
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More COVID-19 Relief Coming for Small Businesses
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