Monday, January 18, 2021

Native enterprise house owners face monetary challenges throughout the pandemic

RENO, Nev. (KOLO) – 2020 has not been a straightforward 12 months. After months of being shut down, enterprise house owners are taking part in a recreation of catch up, having to put off many staff. Many enterprise house owners are usually not capable of get any monetary assist.

On Monday, October 19, a state 20 million greenback COVID aid program to assist small companies started accepting functions. The unique deadline was set for Monday, November 2 at 5 pm, however after solely three days and overwhelming response, state leaders stated 20 million extra {dollars} have been added to this system, however the deadline was moved to Thursday, October 22 at 5 PM. Eric Howe, co-owner of Time Sq. Jewelers in Reno stated that on Thursday at 12:45 within the afternoon, they made an try to use, however have been unsuccessful.

“All of the payments you already know that hire doesn’t cease, we paid all of our staff and every thing throughout these occasions as properly,” stated Howe. “It simply looks as if among the grants and utility course of might be higher thought out.”

Howe stated he is aware of his enterprise is without doubt one of the many ships stranded in the course of the ocean and slowly sinking. He added that the grant may have been their saving grace.

“It was for hire, for payroll, to your utilities, the massive gadgets like that, but additionally for our  PPE, and likewise the opposite protecting measures like plexiglass,” Howe defined.

Howe together with different small native companies are ready for an additional probability to get some aid. He stated at present they want all of the help they’ll get.

“Please exit and sponsor your companies, spend your cash there as an alternative of on-line, trigger in the event you don’t we won’t be round,” Howe stated.

The unfold of COVID-19 is closing many companies in our space, house owners doing every thing they’ll earlier than it’s too late.

To learn how the Metropolis of Reno might help click on here.

Copyright 2020 KOLO. All rights reserved.

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