joined in, as well as Shyla Sheppard, founder and CEO of Bow & Arrow Brewing Co., and Erin Patinkin, co-founder and CEO of Seemore Meats & Veggies.
"They sold out faster than expected, so now we are working hard to keep up with the new demand for our canned products," Sheppard said. She quickly turned to fundraising and raised some cash. As the market recovered, the Brooklyn, New York-based company was able to get a few more checks. Ultimately, it recovered 80% of the initial amount it was expecting.
The loans are now forgivable if at least 60% is spent on payroll expenses and has extended the covered period for loan forgiveness to 24 weeks after the disbursement date. When she first took the loan, she was "incredibly stressed" about the financial burden. She had decided to put the money away and use it slowly, as needed, without feeling the pressure of having to use it for payroll when she wasn't rehiring back 66 employees. Now she has until the end of October to get to those staffing levels.
acorns well? how?
acorns Says, everything....lol; Shannon
acorns I'd f--- her; Cheryl Me Too, Basically; Shannon Breanniuooooossss!!!; me
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