SBA Pleads for More Emergency Loan Applicants, After Rejecting Scores of Business Owners

2 weeks ago 7
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Dana Glosson and her husband, Toby, made astir $170,000 a twelvemonth earlier the pandemic from their Georgetown materials proscription company, Glosson Enterprises. But successful May 2020, Toby caught the microorganism and spent months successful the hospital. He died 3 months later.

“It’s felt similar 1 happening aft different and I conscionable can’t get my caput supra h2o to adjacent get past 1 nonaccomplishment to marque it to the adjacent one,” Dana said.

Toby was ever the driver, portion Dana was the bookkeeper. Now that she’s connected her own, Dana, 57, created a caller concern program to bargain a modified van truthful she tin beryllium a aesculapian transporter. She applied for a $218,000 low-interest indebtedness from the U.S. Small Business Administration’s Economic Injury Disaster Loan programme created to boost tiny businesses and nonprofits experiencing COVID-related gross loss.

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