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quiqloans · 1 year ago
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A business loan is a loan specifically intended for purposes. QuiqLoans: DSCR rental loans for professional investors: So, don’t wait for it Borrow now.
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b0bthebuilder35 · 5 years ago
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Just wait a damn minute here....
How/Why did they even qualify in the first place?
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dipulb3 · 4 years ago
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Photo cutouts and feel-good signs. How these small businesses found a pandemic lifeline
New Post has been published on https://appradab.com/photo-cutouts-and-feel-good-signs-how-these-small-businesses-found-a-pandemic-lifeline/
Photo cutouts and feel-good signs. How these small businesses found a pandemic lifeline
Stringent restrictions on gatherings brought on a surge in demand for photo cutouts of real people who couldn’t attend events in person or visit relatives for holidays and other get-togethers. It also caused a huge jump in orders for signage to mark personal milestone events.
And that created a much-needed lifeline for small businesses that ordinarily provide the printing and graphics for banners, displays, signage and novelty items for big-crowd venues.
AAA Flag & Banner is a 50-year-old company based in Los Angeles with plants in San Francisco and Miami. It used to produce maybe a few thousand photo cutouts in any given year, said Robert Heckman, the company’s managing director.
But since last spring, he noted, “We probably have produced over 200,000,” he said.
That’s because it supplied fans-in-the-stands cutouts for 40 professional sports teams and Division 1 college teams, including the Oakland A’s and San Francisco Giants; the LSU Tigers, USC Trojans, and San Francisco 49ers; and the Milwaukee Bucks and Golden State Warriors.
Fans would pay their teams to have a custom cutout of themselves made and some would choose to pay even more to ensure their cutouts got the best seats in the house, said Jordan Schwartz, the vice president of AAA’s sports division.
AAA ran the portal where fans could upload their photos, then the company manufactured, shipped and sometimes even placed the cutouts in the stands.
AAA had been financially secure and had a diverse set of orders coming in before the pandemic. But after stay-at-home mandates were issued, the cutout orders became its core business, Heckman said. And the company had to furlough about 80 of its 220 full-time employees after the shutdowns. It is now operating with 160 on staff and hoping to bring back most of the other people when the company is back at full-throttle.
AAA Flag & Banner also took out two federal Paycheck Protection Program loans to help meet payroll and expenses.
For all of 2020, annual revenue was down 50%, Heckman said. But it would have dropped much more had it not been for the sports cutout orders, the PPP money and all the directional signs and other materials the company produced for Covid testing and vaccination centers, plus social distancing signage for various clients, he noted.
The good news? The month of February marked the company’s first profitable month since the March shutdowns, he added. And revenue for the first quarter of this year is down just 25% from the same period a year ago.
Showing up for services and family gatherings by proxy
Build-A-Head, based in Phoenix, did some fans-in-the-stands work too, but primarily for college teams, according to co-owner James Green.
In addition, it created cutouts for individuals who wanted to send a version of themselves to family they couldn’t visit, and for synagogues around the time of Rosh Hashanah and Yom Kippur. “They’d use the cutouts [of their members] for their streamed services, so people could feel they were there,” Green said.
And, in the run up to the 2020 elections, Build-A-Head provided signage and cutouts for a socially distant car rally held by then-presidential candidate Joe Biden in North Carolina. (Biden’s wife, now First Lady Jill Biden, had some fun on her Instagram account with her big head cutout created by the company.)
Credit: Dr. Jill Biden/Instagram
When the pandemic first hit, Green said, revenue plummeted and the company — which has fewer than 30 employees — had to lay off some staff and furlough others.
While keeping a small business afloat is always a concern, he noted, “the shutdowns from Covid started at the early part of our spring sports, graduation and wedding seasons. And missing out on much of that revenue made the possibility of going out of business a legitimate reality.”
He said he is grateful to have secured a PPP loan and an Economic Injury Disaster Loan from the federal government. “They were essential to ensuring we could make payroll and help free up capital to help us meet all of our other financial obligations.”
And he is grateful revenue started to climb again as people got more accustomed to the new normal. While revenue was down 50% for the first half of 2020, it was only down 35% for the full year, Green said.
An explosion in yard signs
Tom Tucky, president of Good Guys Signs based in Tampa Bay, Florida, found himself getting a lot of new orders from people for meaningful yard signage to express appreciation, support causes and celebrate those they love.
For instance, early in the Covid crisis, Tucky said his company produced thousands of gigantic “Heroes Work Here” signs that supporters of front-line medical workers posted outside medical centers, hospitals and nursing homes.
It also produced thousands of “Congratulations” and related signs for newly minted graduates that were displayed on their parents’ front lawns, since there would be no in-person commencement ceremony.
“At-home yard art exploded to levels we’ve never seen before,” Tucky said. “People got in the habit of decorating homes because kids couldn’t walk [for their graduations].”
He also worked with many schools that ordered signage and cutouts for their virtual commencement celebrations.
And since Covid prevented charitable groups from holding in-person fundraisers, a local family services organization decided to raise money by giving donors heart-shaped yard signs designed and produced by Tucky’s company.
What’s more, the pandemic itself generated a lot of orders from clients for social distancing signs and floor decals.
But for all that business, it was still a hard year financially.
“We had a record year on sales. But not profit,” Tucky said, noting sales rose 33% as the company offered very low pricing for bulk orders to survive. “My hair went white last year.”
But he did secure a PPP loan and didn’t have to lay off any of his 28 employees, he said. “We survived and kept 28 people paid and with healthcare, so I call it a win.”
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freenewstoday · 4 years ago
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New Post has been published on https://freenews.today/2021/03/24/los-angeles-times-receives-10-million-ppp-loan/
Los Angeles Times Receives $10 Million PPP Loan
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The Los Angeles Times received a Paycheck Protection Program loan for $10 million as advertising plunged due to the Covid-19 pandemic.
The Times reported that the loan will cover employee salaries and other costs.
“We lost tens of millions of dollars in advertising revenue pretty much instantly in March 2020, and the pandemic continues to take a toll on the public health and take a toll economically,” President and Chief Operating Officer Chris Argentieri told the publication. “We are still operating with great uncertainty.”
A spokesperson for the Times confirmed the loan, and said that the paper was not previously eligible until the terms of the PPP program were changed.
In December, lawmakers changed the PPP program to open it up to a wider number of news outlets. Although it was initially tailored for individual small businesses, individual newspapers, radio stations and TV outlets that are part of larger media companies may now qualify. According to the Times, it fell within the guidelines because it has fewer than 1,000 employees at a physical location.
The Times is owned by billionaire Dr. Patrick Soon-Shiong and his wife, Michele, who bought the paper and the San Diego Union-Tribune in 2018. Argentieri defended the loan in the Times story, saying that the owners want the Times to be self-sustaining.
Earlier month, lawmakers held a hearing on the plight of the local news business, as they consider legislation to exempt media outlets from antitrust rules so that they can jointly negotiate deals with major tech platforms like Facebook and Google.
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quiqloans · 2 years ago
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PPP loan for new business Los Angeles
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holysmokescrafts · 4 years ago
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Joel Osteen's Lakewood Church got $4.4 million in federal PPP loans In God's country Your CORONAVIRUS PANDEMIC FUNDS WENT STRAIGHT TO HIS WALLET 🍿 @joelosteen $1 MILLION FOR EVERY FOLLOWER HE HAS. BECAUSE IT'S ABOUT YOUR HEALTH As federal lawmakers mull another COVID-19 stimulus package, some groups are calling for more oversight of religious institutions that receive taxpayer money to shoulder payroll and other costs during the pandemic. Some point to the multimillion dollar loans received by large religious institutions and churches, including Joel Osteen’s Lakewood Church, as evidence that the federal government should require more financial disclosures from those receiving money through the first-of-its-kind program. Lakewood was among the at least 60 religious institutions in Texas that received more than $1 million in loans through the stimulus package, according to new data released by the Small Business Administration. At $4.4 million, the Houston megachurch’s loan was just ahead of the Archdiocese of Galveston-Houston, which received about $4 million. The Catholic Charities of the Archdiocese also received about $4.5 million. #godspeople #stealing #pieceofshit #inthenameofgod #devil #demon #millions #giveitback #shutyourchurchdown #close #chuch #megachurch #evil #defund #shutthemdown #ingodscountry #moneylaundering #godscountry #holysmokestimes #holysmokestv #holysmokes #oneman #news #lifefindsaway #holyman #conman #snakeoil #defund #stopattending #sin #sinner (at Los Angeles, California) https://www.instagram.com/p/CKbPgoWBwFH/?igshid=tcf4wj05sfs8
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opedguy · 4 years ago
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McConnell Demands Concessions for $2,000
LOS ANGELES (OnlineColumnist.com), T Dec. 21, 2020.--T-wo days before Christmas, House and Senate Democrats and Republicans reached a $900 billion stimulus relief deal, something long-awaited after  the $2.2 trillion March 27 HEROES Act providing $1,200 in direct payments individuals, $2,400 a couple, up to $4,000 a family, including billions in Payroll Protect for small, medium and large businesses, and $600 extended employment benefits.  This time around McConnell agreed to $600 payments, something 74-year-old President Donald Trump didn’t like.  Trump asked McConnell to pay $2,000 a citizen Dec. 22, throwing the Democrat Party for a loop.  House Speaker Nancy Pelosi (D-Calif.) convened Democrats to pass a stand-alone bill Dec. 28 for $2,000, putting more pressure on Senate Majority Leader Mitch McConnell (R-Ky.) to match the amount.  So far, McConnell has done everything possible to avoid a vote.       
      Sen. Lindsey Graham (R-S.C.), Chairman of the Senate Judiciary Committee, defied McConnell asking Senate Republicans for a stand-along vote on $2,000 in direct payments to deal with the extraordinary financial hardship from the Covid-19 lockdowns around the country.  With no end in sight to the virus, Graham thought, like Trump, that the $600 payments didn’t go far enough.  McConnell acted like the Grinch, calling the suggested $2,000 payment “socialism for rich people.”  McConnell gives new meaning to the “pot calling the kettle black.”  Mtich’s wife, Transportation Secretary Elaine Chao, received up to $1 million in PPP cash for her family’s shipping business.  Mitch’s “let them eat cake” attitude probably cost him his Majority Leader job when Georgia goes to the polls Tuesday, Jan. 5, 2021 to pick Georgia’s next senators. Acting like the Grinch, Mitch probably sealed his fate.      
       Defying McConnell’s refusal to take up the $2,000 payment, Sen. Lindsey Graham (R-S.C.) called on the Senate to stage a stand-alone vote, bumping up the $600 to $2,000.  Graham thinks a stand-along measure to increase payments would pass the Republican controlled senate.  Democrats aren’t all that worried now that Georgia’s two Democrat challengers are up in the polls heading to the runoff Jan. 5, 2021.  Graham said he “is with the president on this,” separating himself from McConnell.  Graham didn’t see any vote happening until Jan. 3, if not after the Georgia runoff.  Graham said at least seven Republicans would vote to increase direct payments to $2,000, admitting he needs at least five more to make it happen.  McConnell wanted Democrats to agree to a repeal of Section 230 liability protecting for social networking companies, shielding them for third-party lawsuits.    
         McConnell was willing to entertain a vote on $2,000 if Democrats agreed to repeal social media companies liability protection from third party suits, not to mention legislation to establish a Blue Ribbon Commission to investigate fraud in the 2020 presidential election.  Calling $2,000 payments “socialism for rich Democrats,” Sen. Bernie Sanders (I-Vt.) took great umbrage to McConnell’s remarks.  Bernie remembers all to well Mitch’s wife’s family receiving up to $1 million in PPP cash from the $2.2 trillion CARES’s Act.  Unlike McConnell, Bernie sees the suffering of ordinary Americans unable to work because of strict Covid-19 restrictions.  McConnell and other fiscal conservatives in the Senate, like Sen. Tom Cotton (R-Ak.), worry about the exploding national debt, taking another $300 billion to cover the $2,000 direct payments, adds insult-to-injury.   
          McConnell knows that only one practicing “socialism for rich people,” is he and his wife Elaine, taking up to $1 million in PPP.  “Borrowing from our grandkids to do socialism for rich people is a terrible way to get help to families who actually need it,” McConnell said on the Senate floor. If it’s any consolation to Mitch, Federal Reserve Board Chairman Jay Powell wholeheartedly backs the raise from $600 to $2,000 to stimulate consumer spending.  McConnell doesn’t get the gravity of economic hardship to ordinary Americans, suffering under the weight of Covid-19 lockdowns, preventing ordinary people from earning a living.  Powell made clear he sees not adverse effect to the economy to a boost in direct payments, something disputed by former Treasury Secretary Larry Summers.  Summers said Dec. 25 that direct payments to consumers would “overheat” the economy.        
     McConnell wants Democrats to play ball to get their $2,000 payments, allowing a vote to repeal Section 230, the legal statute protecting social networking platforms from getting sued from third-party content.  McConnell also told Senate Minority Leader Chuck Schumer (D-N.Y.) he wants to create a Blue Ribbon panel to investigate election fraud in the 2020 vote. Senate Minority Leader Chuck Schumer (D-N.Y.) said McConnell’s two conditions are a deal breaker for Democrats.  Republicans want Section 230 repealed after Facebook and Google censored the New York Post story Oct. 14 to prevent any bad news about 78-year-old President Joe Biden’s son, Hunter.  Once Facebook and Google went into the censorship business, they forfeited their protection under Section 230.  When it comes to a Blue Ribbon Commission to investigate the 2020 vote, Democrat want no part of that. 
About the Author 
John M. Curtis writes politically neutral commentary analyzing spin in national and global news. He’s editor of OnlineColumnist.com and author of Dodging The Bullet and Operation Charisma.  Reply  Reply All  Forward
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correctsuccess · 4 years ago
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Ace Plus Tax Resolution Encourages Small Business Owners To Create Strategies To Maximize Tax Benefit From New PPP Loans Ace Plus Tax Decision Emblem Discover tax reduction with Ace Plus Tax Decision Resolve Your Again Tax Liabilities and Discover Reduction James Cha, CTRS, highlights the necessity for methods to maximise tax-favored advantages using newly enacted PPP Loans within the Consolidated Appropriations Act. LOS ANGEL... #business #businessloan #correctsuccess #loan #offer_in_compromise #other_services #payroll_tax_problems #success
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junker-town · 4 years ago
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Tom Brady’s business getting near $1 million PPP loan is shameful
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Photo by Nic Antaya for The Boston Globe via Getty Images
While so many small businesses around the country were shut out from getting a PPP loan, Tom Brady’s company was at the front of the line for nearly $1 million.
Tom Brady is the second highest paid NFL player of all-time with more than $260 million in career earnings. At age 43, he’s making more money playing football this year than he ever has before after signing a two-year, $50 million contract with the Tampa Bay Buccaneers over the offseason that is fully guaranteed. This doesn’t even account for Brady’s numerous lucrative endorsement deals off the field, or the fact that his wife Gisele Bündchen is reportedly worth $400 million.
It might feel like Brady is going to play forever, but he’s already made plans to stay busy when he eventually retires. Brady launched TB12, a health and wellness company, a few years back to sell supplements and merchandise like really expensive pajamas, frozen dinners, resistance bands, and what this website once called “the world’s most pretentious cookbook.”
When the federal government opened the Paycheck Protection Program to send loans to small businesses in need during the pandemic, TB12 was at the front of the line. We learned this summer that Brady’s company received a PPP loan. Now we finally know how much it was for:
Tom Brady’s company took almost $1M in PPP loans, while 52% of small businesses that applied didn’t get any. Tom Brady is worth $200,000,000. pic.twitter.com/St2L95ODxr
— Sawyer Hackett (@SawyerHackett) December 4, 2020
Brady’s company was eligible to apply for the loan by meeting the company size standards and business classifications, but it didn’t exactly fit the spirit of what the PPP loans hoped to accomplish. The program was designed to help self-employed people struggling to make rent, payroll, and utilities, not give a $1 million handout to one of the country’s wealthiest citizens. Meanwhile, so many businesses that were actually in need were shutout from the loan as money quickly dried up.
What was Brady’s company supposed to do? Return the loan? That’s what the Los Angeles Lakers did after they were given $4.6 million PPP loan payment but refused to accept it.
The blame here doesn’t fall with Brady or his company as much as it does a broken system that allows it to happen. While tens of thousands of hard working small business owners were reportedly shut out from loan money, wealthy business owners collected checks and the banks made more than $10 billion in processing fees, according to reports.
Brady’s business being like the furthest possible thing from “essential” only makes all of this more unseemly. TB12 electrolyte powder isn’t going to save anyone during a pandemic.
At his day job, Brady has now been granted with the ability to call plays with his team coming off two straight losses. If this doesn’t work, there’s no bailout coming to save him.
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quiqloans · 2 years ago
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easyfoodnetwork · 4 years ago
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In Open Letter Endorsing Biden, Restaurant Owners Say Donald Trump Has Failed the Industry
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Jim Watson/Getty Images
More than 150 chefs and restaurateurs signed the letter condemning President Trump’s COVID-19 response
In a show of support for presidential candidate Joe Biden, more than 150 chefs and restaurant owners across the country signed an open letter condemning President Donald Trump’s handling of COVID-19, which, they say, created an “existential crisis” for restaurants. The letter, titled “Restaurants for Biden,” and released by the Biden campaign, details how conflicting information from government officials and the president, as well as the shortcomings of the PPP loan program, personal protective equipment shortages, and “arbitrary social distancing capacity cap guidance,” created a perfect storm that put “the prospect of a recovery into an even deeper hole.”
Included on the list of signatories are dozens of respected and well known chefs whose restaurants and bars represent both fine dining and more casual establishments. Among the signers are celebrity chef Elizabeth Falkner, television star and baker Duff Goldman, chef and cookbook author Anita Lo, Nina Compton of Compère Lapin in New Orleans, Brandon Jew of Mister Jiu’s in San Francisco, and Fran Camaj, owner of the Los Angeles-based Gjelina restaurant group. A number of the chefs and owners who signed the open letter helm restaurants that have notably closed — either temporarily or for good — during the pandemic.
Since the beginning of the pandemic, independently owned and operated restaurants have been regularly overlooked and ignored by the federal government, receiving little — if anything — in the way of clear guidance or financial support. When President Donald Trump met with a group of restaurateurs in mid-May at a roundtable event to discuss extending and modifying the Paycheck Protection Program (PPP), the attending restaurant owners and CEOs were notably all male, mostly white, and almost exclusively represented the interests of major companies and fine dining restaurants. Earlier, in April, the White House brought together a similarly limited group of fast food CEOs and fine dining chefs to advise on a plan to support the restaurant industry.
The PPP loan program that the CEOs and chefs were at the White House to discuss at May’s roundtable has faced criticism since its inception. In a first round of PPP funding, franchise locations of major restaurant chains like Shake Shack and Ruth’s Chris Steakhouse received millions of dollars in loans. Only after facing public pressure and scrutiny did many of those major chains return the funds. At that point, the first round of funding had been depleted, shutting out many small restaurants that had applied. The loans often failed to reach and support Black restaurant owners. The forgiveness requirements — a majority of the loan money must be spent on payroll and rehiring staff — left even those restaurateurs who did receive funding unsure whether they could or should use their loans to pay rent, utilities, and jumpstart their reopening plans.
As restaurants continue to close at an alarming rate across the country, federal support and guidance remains extremely limited, and as winter approaches, many restaurants are on the verge of permanent closure. The open letter slams the Trump campaign for “failing to lead our country through this crisis.” In it, the signatories write:
Throughout the crisis, the restaurant industry has begged this administration for support. We have pleaded with officials to fix the PPP program, recognize the oncoming tsunami of restaurant closings that we are now starting to see and respond with a plan. Yet, at every turn, the President has mishandled the response. He has downplayed our struggles, refuted the idea that restaurants will suffer because they rely on social interaction and insisted there were no personal protective equipment shortages that are required to keep restaurant staff safe.
In contrast to the president, who the restaurateurs say has “proven his unfitness to hold the office of the presidency,” they argue that Biden is prepared to solve the current crisis and show restaurants the support they so need. Biden has vowed to raise the minimum wage and end the tipped minimum wage if he is elected, and his campaign website lays out plans to reform how PPP loans are awarded, so that they better serve small businesses, and “allow for small businesses in need to both keep workers on payroll and cover fixed costs for the duration of the crisis. Of Trump, the letter signers write:
He has failed the restaurant industry, our employees, our customers, and the stakes are too high to continue down this path. America needs a new direction and real leadership. We need to elect Joe Biden as the next President of the United States.
As President, Joe Biden would take the immediate steps needed to solve the COVID crisis and support America’s small businesses and restaurants in our recovery. He would establish a true small business fund to ensure resources are set aside for restaurants, main street shops and other entrepreneurs. He would authorize more generous loans that allow for small businesses in need to both keep workers on payroll and cover fixed costs for the duration of the crisis. And he would provide a guarantee that every qualifying small business will get relief, rather than capping funds in a way that forces small firms to compete against one another.
The 150-plus chefs and restaurant owners who signed the letter, which you can read in full here, say that American restaurateurs “believe deeply in the American Dream,” and create economic opportunity through their business ventures. They also point out that beyond their economic impact, small businesses such as neighborhood restaurants “contribute to the unique character of American towns and cities.” The restaurateurs sign off with a warning, and a call to action: “Without a change in leadership, many of our businesses simply will not survive to see the end of this crisis. We must elect Joe Biden on November 3.”
from Eater - All https://ift.tt/3mSAEDI https://ift.tt/3mOXqwi
Tumblr media
Jim Watson/Getty Images
More than 150 chefs and restaurateurs signed the letter condemning President Trump’s COVID-19 response
In a show of support for presidential candidate Joe Biden, more than 150 chefs and restaurant owners across the country signed an open letter condemning President Donald Trump’s handling of COVID-19, which, they say, created an “existential crisis” for restaurants. The letter, titled “Restaurants for Biden,” and released by the Biden campaign, details how conflicting information from government officials and the president, as well as the shortcomings of the PPP loan program, personal protective equipment shortages, and “arbitrary social distancing capacity cap guidance,” created a perfect storm that put “the prospect of a recovery into an even deeper hole.”
Included on the list of signatories are dozens of respected and well known chefs whose restaurants and bars represent both fine dining and more casual establishments. Among the signers are celebrity chef Elizabeth Falkner, television star and baker Duff Goldman, chef and cookbook author Anita Lo, Nina Compton of Compère Lapin in New Orleans, Brandon Jew of Mister Jiu’s in San Francisco, and Fran Camaj, owner of the Los Angeles-based Gjelina restaurant group. A number of the chefs and owners who signed the open letter helm restaurants that have notably closed — either temporarily or for good — during the pandemic.
Since the beginning of the pandemic, independently owned and operated restaurants have been regularly overlooked and ignored by the federal government, receiving little — if anything — in the way of clear guidance or financial support. When President Donald Trump met with a group of restaurateurs in mid-May at a roundtable event to discuss extending and modifying the Paycheck Protection Program (PPP), the attending restaurant owners and CEOs were notably all male, mostly white, and almost exclusively represented the interests of major companies and fine dining restaurants. Earlier, in April, the White House brought together a similarly limited group of fast food CEOs and fine dining chefs to advise on a plan to support the restaurant industry.
The PPP loan program that the CEOs and chefs were at the White House to discuss at May’s roundtable has faced criticism since its inception. In a first round of PPP funding, franchise locations of major restaurant chains like Shake Shack and Ruth’s Chris Steakhouse received millions of dollars in loans. Only after facing public pressure and scrutiny did many of those major chains return the funds. At that point, the first round of funding had been depleted, shutting out many small restaurants that had applied. The loans often failed to reach and support Black restaurant owners. The forgiveness requirements — a majority of the loan money must be spent on payroll and rehiring staff — left even those restaurateurs who did receive funding unsure whether they could or should use their loans to pay rent, utilities, and jumpstart their reopening plans.
As restaurants continue to close at an alarming rate across the country, federal support and guidance remains extremely limited, and as winter approaches, many restaurants are on the verge of permanent closure. The open letter slams the Trump campaign for “failing to lead our country through this crisis.” In it, the signatories write:
Throughout the crisis, the restaurant industry has begged this administration for support. We have pleaded with officials to fix the PPP program, recognize the oncoming tsunami of restaurant closings that we are now starting to see and respond with a plan. Yet, at every turn, the President has mishandled the response. He has downplayed our struggles, refuted the idea that restaurants will suffer because they rely on social interaction and insisted there were no personal protective equipment shortages that are required to keep restaurant staff safe.
In contrast to the president, who the restaurateurs say has “proven his unfitness to hold the office of the presidency,” they argue that Biden is prepared to solve the current crisis and show restaurants the support they so need. Biden has vowed to raise the minimum wage and end the tipped minimum wage if he is elected, and his campaign website lays out plans to reform how PPP loans are awarded, so that they better serve small businesses, and “allow for small businesses in need to both keep workers on payroll and cover fixed costs for the duration of the crisis. Of Trump, the letter signers write:
He has failed the restaurant industry, our employees, our customers, and the stakes are too high to continue down this path. America needs a new direction and real leadership. We need to elect Joe Biden as the next President of the United States.
As President, Joe Biden would take the immediate steps needed to solve the COVID crisis and support America’s small businesses and restaurants in our recovery. He would establish a true small business fund to ensure resources are set aside for restaurants, main street shops and other entrepreneurs. He would authorize more generous loans that allow for small businesses in need to both keep workers on payroll and cover fixed costs for the duration of the crisis. And he would provide a guarantee that every qualifying small business will get relief, rather than capping funds in a way that forces small firms to compete against one another.
The 150-plus chefs and restaurant owners who signed the letter, which you can read in full here, say that American restaurateurs “believe deeply in the American Dream,” and create economic opportunity through their business ventures. They also point out that beyond their economic impact, small businesses such as neighborhood restaurants “contribute to the unique character of American towns and cities.” The restaurateurs sign off with a warning, and a call to action: “Without a change in leadership, many of our businesses simply will not survive to see the end of this crisis. We must elect Joe Biden on November 3.”
from Eater - All https://ift.tt/3mSAEDI via Blogger https://ift.tt/307NfJz
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news-ase · 4 years ago
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saraseo · 4 years ago
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daveliuz · 4 years ago
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news-monda · 4 years ago
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losbella · 4 years ago
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