By: Monica Casey | WCTV Eyewitness Information
March 17, 2020
TALLAHASSEE, Fla. (WCTV) — Small companies in Tallahassee are feeling the sting of individuals staying residence within the wake of the COVID-19 pandemic.
One native auto store says they’ve misplaced enterprise with college college students gone, state staff staying residence, and the legislative session successfully over.
Tommy Mihalich owns T&F Automotive; he says a few of his prospects known as asking his workforce to cease engaged on their autos which are at the moment within the store, as a result of they themselves aren’t working, and do not know once they’d have the ability to pay.
Mihalich makes use of a bank card firm from Albany, New York; that firm has briefly shut down, which means Mihalich can’t settle for bank cards or use any of that cash.
He says he is misplaced 70% of his enterprise, and his store is on monitor to lose about $25,000 in a single month.
Mihalich is anxious about his workers and says he could must briefly shut down his enterprise.
“As a result of at one level I’ve obtained to weigh the variations and say hey, what’s dearer, holding the doorways open and holding the lights on or shutting all the pieces down and saving the power invoice and hoping for the very best,” stated Mihalich.
Governor Ron DeSantis has activated an emergency bridge mortgage program for small companies. It is managed by the Florida Division of Financial Alternative to offer short-term interest-free loans of as much as $50,000.
Purposes are due from March 17 to Could 8.
You may apply by clicking right here.