Eating places like Rio Acai Bowls have been compelled to cease eating in and solely do takeout.
“Positively feeling the financial impression. we have needed to minimize hours for the workers, most of our workers are faculty college students,” mentioned Bobby Gutierrez, Rio Acai Bowls co-owner.
Gutierrez says he used to see greater than 100 individuals come by a day and now it is only a couple dozen.
The Small Enterprise Administration (SBA) has taken steps to assist companies affected by COVID-19 and enterprise shutdowns.
“The Financial Harm Catastrophe Mortgage is accessible for companies. It may well present as much as $2 million with a long-term amortization fee of as much as 30 years and a low rate of interest so as to make the funds as little as attainable,” says Daybreak Golik, SBA Fresno District Director.
Golik says her crew is actively answering questions from involved enterprise house owners on their website online. SBA officers encourage individuals to go their web site to be taught extra about the best way to apply for the mortgage.
“Its a useful resource for biz that could be battling working capital to pay workers, they want working capital, they’ve money owed they should pay,” Golik says.
Companies are being linked to different sources to assume exterior the field to assist firms proceed to run.
As for Gutierrez, he is taking it sooner or later at a time. “Hopefully this may blow over as quick because it got here in and hopefully we will get again to our regular lives,” he says.
The SBA says the catastrophe declaration is till December. There are four million small companies in California.
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