I think we have some pretty good advocates and i appreciate you bringing that up and i think its our job to help them do an even better job and gave them good advice. So, thank you for mentioning that. Ok. Commissioner adams, he is on the phone. I am on the phone. [laughter] i started this new job and i am dealing with a lot of Small Businesses right now. So it was our monday call. So i apologize. But i will echo what everybody said. I think the supervisors are doing an excellent job. I think this mayor has done an outstanding job. I mean, unfortunately the shelter in place, you know, we had to do it and our numbers show that were notlike the rest of the country right now, thank god. But its interesting i will tell you in my line of work that im doing, the Small Businesses are working with you and, you know, were giving them rent breaks. Its the big major tenant that they dont care, they just send you a letter saying were not paying rent. Talk to us in three months. Its horrible. Right. Well, thank you, commissioner adams. And i hope im not cutting you off. Ok. Great. Is there any other commissioner comment or reports . Ive got i should chat, shouldnt i . No, youre fine. Lets go. One is its been said a couple of times. Catherine, i think there is a raccoon behind you. Oh, no, its a cat. [laughter] i thought it was a raccoon [laughter] theres a badger on your so obviously we talked about this but in the conversation that i had with brick and mortar businesses, especially in the Mission District and the castro, it is clear to so many of us that, you know, the p. P. P. Is going to be the thing that could save us if we are to be saved by if there is going to be an a extension of shelter in place. Which seems likely. It seems unlikely that the mayor is going to lift shelter in place completely on may 3. That means that the only thing that is going to allow us to be in the black with the slow rollout is going to be p. B. B. Just because shelter in place is open doesnt mean that restaurants and like my own means that i a goring to make their money back and pressured to rehire their employees. I think it behooves us individually and as a commission to be exploring every opportunity and avenue in relationship we have to try to get both the Small Business administration, the banks and the federal government to basically get their shiting to. It has been such a mess and so patchwork and confusing and this is supposed to be our lifeline and its like they made this buoy for us and they constructed it and then theyre just like throwing it all over the place and most of us arent catching i. So, i applaud the federal government for creating this buoy and but a buoy doesnt work if you dont latch on to it. So we need to do what we can do to get to make sure that these buoys are getting to our monolingual owners and Small Business owners who dont have relationships at big or small banks and that members of congress, to the extent that were not allowed to talk to them, but the way that we can get a communication made to them that they need to lean on the s. B. A. And small banks and s. B. A. Lenders to smooth out the wrinkles in this process. That is whats become super clear to me. Ive had a lot of merchants on the valencia corridor call me, panicked. You know, have you gotten your p. P. P. , why is it not happening . What do i do . The p. P. P. Thing is clearly the number one thing on folks mind. The second thing is a lot of news reports and commentary is now shifting to what a recovery looks like. You know, how long will it take . What will the rollout look like for getting back to, quoteunquote normal. It is unlikely well have a cure or a vaccine within six to 12 months. Maybe some kind of treatment within six months. By think we really need to start thinking as a Small Business commission and a Small Business community. What is the first bit of support were providing to our Small Business owners as it relates to a slow rollback. Specifically if the city is going to say some restaurants and bars and Grocery Stores and whomever can open up but only be at 50 capacity or are only allowed to have x amount of people per square foot, that could very well be not as bad as shutting down, but certainly not enough to sustain a lot of our brick and mortar businesses. And just because shelter in place is lifted does not mean that we have that we can stop really thinking about how do we keep our Small Businesses in the black. Especially those that operate on high volume, low margin type businesses. If the city is going to lower our volume, that could be death over the longterm. I really do want to maybe not this this Commission Meeting but maybe the next one to be very forward thinking in what can we do to provide the continual support needed to our Small Businesses, to accommodate what will likely be a very slow return to whatever we might consider to be a normal slow as it relates to blocking street traffic, attendance at events, volume in high volume of people walking into restaurants, flower shops. Whatever restrictions the city and frankly the state and country put on our physical spaces in order to do business. Commissioner, i think that is very well said. And i think, you know, the first part is we need to speak as commissioner ortiz spoke about first we need to deal with the immediate liquidity concerns of Small Business. And, you know, certainly that is where our focus is right now and that is appropriate for where it should be right now. Because the need is so critical. But obviously at some point, this will start to turn towards recovery and we need to start thinking about what that recovery looks like. And i think it is very appropriate to bring that up. And i think we need to start thinking about that rapidly. In fact, i would say, and i think many would agree that that would be an appropriate topic for our next meeting to start to talk about how are we going to recover. Let me just say on a personal level, and to commissioner dooleys earlier comment about independent contractors and sole proprietors. I was a professional musician for most of my or for the first half of my adult life. And now i have a business that serves the music community. Most musicians and artists basically have no income at all, no way to collect unemployment, no employer to provide them with medical care and are completely shut out of this process like so many other sole proprietors and independent contractors and yet their services are critical both upstream and downstream to so many other Small Businesses. There are many bars and venues that count on the draw of these artists and musicians in order to sustain their bars and venues and, you know, when we think about a slow rollback, as you were talking about, i think that there are several components to that that we had not previously considered, which is just one example and one of the items that was brought up and supervisor mandelmans oped was that its not possible for a bar to have Live Performance and music, even just a single guitar player or single artist wut securing a permit first. I think obviously that is the very sort of musiciancentric sort of viewpoint on what is really a much larger problem, which is how do we get the economy started. But im using that to illustrate that were going to. To sort through each of these individual concerns and help the city and elected officials prioritize the remedies to these issues and we have to process that very, very quickly. I think that should probably be on our next agenda, how we start to think about the recovery and id encourage the commissioners, all of our commissioners to start thinking about what we might want to include on the recovery. This meeting hack for our suggestions for the federal level. My assessment was that we the biggest impact on the Small Business community in San Francisco would come at the federal level. And so we have tried to focus our effort there is first. But next will be state and local. And the other part of the federal plea there, stao, that were on a very short timeline because theyre going to be debating and negotiating these topics within the next week, couple of weeks. But i think obviously there is also state and local policis that need to be updated, changed, addressed and our role here is critical. So, i think because were as you said earlier, were the ones that know. Were the ones that are feeling this. Were the ones on the frontlines. It is not just a concern for Small Business. We are the Small Businesses. We are the ones that can speak in first person. I, for example, i dont have enough money in the bank to pay my staff that i have on now, even after being forced to lay off most of them. And im approved for p. P. P. So when is the money going to be here . I have no idea. And then when the money shows up, you know, i can 75 is for payroll, 25 is for rent. But in my particular industry, we have many of our offices only have one or two people. So rent as a percentage of our expenses far greater than 25 . Wheres the rest of that money come from when i have zero revenue. [inaudible]. Yeah . I have a quick question and i apologized that i missed the beginning part of this. Did we discuss because the one thing that the federal government does need to address that they havent, and i think theyre going to start now, and this has to do with rent and the landlords. You know, they have commercial rents to pay. And the government came in and you could do forebearance and whatnot. But what is the federal government going to do because this is basically the economy. What is the federal government going to do for, you know, the commercial landlords who 90 of commercial landlords in this country, have mortgages on their property and they cant make their mortgage payments. Right. Well, i mean, to illustrate by the way, that will affect the Small Businesses that are in there. So, you know, thats a real concern. But i think we have to identify whether there are commercial landlords so im thinking about the scope of the Small Business commission and just how far our scope extends into the banks and advocating for commercial landlords. Do you know stephen, you might be in a position to know are commercial landlords able to take advantage of p. P. P. Or eidl or the Mainstream Program . Yes. And on the p. P. P. , they are. And what were doing, that is going to be paying our proper paying our employees so we dont have to lay them off. Now we dont have rent, but we have mortgage payments we need to make and that is just not enough to cover the mortgage payments. And when you have your major tenants and stuff not paying, people not paying, you know, were fortunate we made our mortgage payments for april, but may be another thing. And were not the only ones. And it just worries me just the trickledown effect to the Small Businesses. And by the way, im a firm believer. Thank god im on this commission. Im working, every single one of my small buzzes, im deferring their rent for the next couple of months. And im working with them, and thank god. Some of them wouldnt be around. But it is something thats in the back of my mind. It is something that you dont hear much out of the federal government because it will affect the livelihood of a lot of these Small Businesses. I am a leaseholder in several states across the u. S. And i had choice but to tell our landlord that i would not be able to make the april rent until we were able to obtain some kind of federal aid. So now im sort of perplexed at how im going to make that work with 25 of payroll and i will say that most of our landlords have been pretty understanding. However, not all of them have. Some of them have obligations above and beyond, you know, it is not as simple as they dont get paid that month. They have to turn around and pay their lenders. I certainly hope that the federal government can find a way to square that. And let me ask you this question. I know you have a long history in banking. From a mortgage holder, or lien holders perspective, are you able to negotiate skips at will or do you have federal regulations that sort of restrict you from being able to waive or stop payments beyond a certain point . No, you can do so if once your loan is originated, whether it is a portfolio loan or something thats owned by fannie or freddie, you go into a the o. C. C. Will tell you you have to go into a forebearance agreement. So right now foreclosures in the is how i understand it in the residential industry right now. Even this goes for apartment buildings as welt. So people who own apartment buildings, the regulators are saying you can do forebearance agreements with these people and especially if your loan is own by fannie may or freddie mac, you do a forebearance agreement and tack it on to tend of the loan. It comment common for a commercial mortgage to be done through fannie mae . Just apartment buildings. Not the others. Not commercial properties. Right. The only commercial property would be an apartment building. Because that is fannie mae has the market on the apartment buildings. That is the point that youre making is the federal government has not provided the same sort of flexibility to lenders with respect to commercial mortgages. Correct. Ok. I think that is an important point. President laguana, this is commission kerr ortiz. You mentioned nit your memo but also the equitable. Definitely in our neighborhood, you can start seeing the predatory speculators and from our cultural aspect, our businesses have been barely holding on and trying to keep the neighborhood culturally centrc and were in great fear well be replaced. The gentrification will take [inaudible] hype drive because of this. Thank you for mutting putting that in the memo. For certain neighborhood, were really scared. There is a very real concern and threat that folks that are wellcapitalized right now and have lots of money for lack of a better word and are not in a place of being threatened are now going to have a fire sale on Small Businesses and real estate all over the country and well be able to swoop up and consolidate all of these distressed businesses. That has negative aspects to it in terms of maintaining cultural communities like the mission. And also has significant anticonsumer aspects if a diverse Small Business ecosystem is replaced by a significantly less diverse patchwork of larger corporations replacing the mom and pops. I think the public doesnt realize that Small Business of aggregate is the largest employer in the United States. And so it is that dynamic and Diverse Group of entrepreneurs and employees that enable the country to operate as efficiently as it does and gets a lot less efficient and its actually really bad for economy if its further consolidated. As you and i know, weve been working on this for a long time, Small Business has been under attack for lack of a better word, you know, for quite a while now. Weve seen that in the number of Small Businesses that are registered with the city. It has been continually declining for as far back as ive seen numbers, which is at least the last four or five years. So, you know, i think it is critical that we find a way to make sure these Small Businesss can survive and the last item on that menu sorry, on that memo did speak directly to that issue. Which is there should be federal protection that stops larger corporations, private equity folks sitting on a lat of capital from just scooping up everything in a fire sale and consolidating i. That is not helpful for our economy. It is not helpful for our communities and it is not in the best interest of the country at all. Well do what we can. Were one tiny little commission and in a large city and an even larger country. But well be as aggressive as we can. And this is probably a good moment to point out that ive been blown away by the strength and quality of or commission and the people on the commission. Commissioner ortiz, youve been a leader in your community and forceful advocate behind the scenes. Commissioner yekutiel has been engaging with many of our leaders in public conversations. Ive attended several of them. And they have been enliepgening and it is a huge asset and resource for the community. Commissioner dooley is a very forceful advocate for, you know, even just the points that she brought up about sole proprietors today are going to impact and shape how we move forward on this. Commissioner zouzounis has, you know, pointed out to me privately with issues of the supply chain for food, to small grocers and Disadvantaged Community and has been leading the effort to try and make that better while simultaneously working on the census and making sure that our community is counted properly. Commissioner adams, you know, has been as he just mentioned on the phone nonstop with all kinds of Small Businesses and helping them and deploying his many years of experience. And im just going off of memory here so i feel like im almost certainly leaving somebody out. But i know that all of us have just been working night and day to do everything we can to advocate for this community and i also want to thank the Small Business community at large for giving us this information, giving us this giving us this feedback and enabling us to advocate for you. I left off commissioner huey, who has been attending a number of different meetings throughout the city and ive been hearing about them secondhand from other people who have been impactful and supervisor fewer, specifically, called her out and commended her during a Budget Hearing on that 10 million grant as it was moving through the legislative process. So im blessed to have all of you as colleagues. I appreciate everything that youre doing and i know our community does as well. And i think were blessed to have a really sharp and