Paycheck Protection Program to restart offering loans to small business owners

FLINT, Mich. (WJRT)(01/12/21) -At this lunch hour, an worker on the White Horse Tavern in Flint is getting a take out order prepared for decide up. As has been the case for the final a number of months– there is no such thing as a lunch because of the coronavirus pandemic.

“We had been very lucky that we had been in actual fine condition when this hit us or I wouldn’t be right here,” stated White Horse Tavern co-owner, Chris Poulos.

Chris Poulos- one of many homeowners of the White Horse, says that luck will solely final for a lot longer with out having the ability open their eating room or some type of monetary assist.

“I don’t have that a lot left in my checking account. I can solely drain a lot. this was my 401k and the restaurant business has been, how can say it, brutalized,” he stated,

However there may be some excellent news for small enterprise homeowners like Poulos. as they anticipate the state to decide on whether or not they reopen for in particular person eating.

The U.S. Small Enterprise Administration is restarting the Paycheck Safety Program this week for these which can be eligible.

“I’ll do it tomorrow and determine what I have to do,” he stated.

However this isn’t the primary time he’s utilized for assist. Poulos says he needs the method was made simpler.

However he’ll simply do what he must survive and grasp to a enterprise he’s had for 47 years.

“I definitely hope all people goes to return downtown. I hope we haven’t misplaced anyone down there as a result of we simply want the locations to be right here,” Poulos stated.

Copyright 2021 WJRT. All rights reserved.

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