Many small businesses in Southern California are in jeopardy of closing permanently. Three owners explain how they made the hard choice to close.with no employees, and many have fallen through the cracks. Some couldn’t meet federal loan requirements or were flummoxed by paperwork. Others lacked a relationship with a bank to process a loan.Los Angeles Local Initiatives Support Corp.
Romari Mallard, 10, in the Gamebox Mobile Video Gaming trailer. His parents’ small business in Paramount rents out the 20-foot trailer full of video games for parties and fundraisers — which have been scarce during the pandemic.One clue to the vast need: 140,000 small businesses have applied for the Los Angeles grants since July but only about 7,000 will be funded. Of the $108 million, which must be spent this year, $31 million was allocated as of mid-November.
Ebony Lynk’s business consists of a 20-foot video game trailer for parties. Based at her Paramount apartment, Lynk, 38, cut back on loan payments for the trailer but had to cover storage, phone and website maintenance. Then, in early July, as customers began trickling back, expenses rose as she began providing sanitizer and masks. The number of gamers inside the trailer was cut by half for social distancing.
margotroosevelt You did this to yourselves now want everyone else to pay for it
margotroosevelt I wonder what the state of CA is doing to alleviate the pain they are causing.
margotroosevelt 'Without new federal aid' 'Well, you're a newspaper - tell Pelosi and Schumer to stop blocking the aid.
margotroosevelt
margotroosevelt Kim sends Trump a Thanksgiving greeting
margotroosevelt Good! Fuck 'em. California voted Blue, you voted for Biden, you rejected free markets and freedom and you wanted the government to mollycoddle you. You got it! Way to go!
margotroosevelt thanks for this news
margotroosevelt No, no, no. This isn’t a federal issue now. The feds haven’t closed anything, the states and counties like Los Angeles are killing their businesses. Those states and counties should be paying.
margotroosevelt
margotroosevelt A better, most honest headline would've been: Rich and powerful deadlocked on not throwing out scraps to the people who pay their salaries.
margotroosevelt 'Congress' is not in a stalemate. The Republican Senate led by the Grim Reaper senatemajldr has blocked every bit of help to businesses and individuals. The Democrats passed a bill in May, over 6 months.
margotroosevelt Simple answer - No, they won’t.
margotroosevelt The saying “Always back the horse called Self Interest” has never been more poignant to sitting Republicans than now. Their own desperate attempts to protect themselves, their futures and not push back Trump demonstrates their ineffective ability to be truly loyal to the country!
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