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Sunday, 28 April 2024

Employees see relief through small business loans

Credit: WTHI
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Employees see relief through small business loans
Employees see relief through small business loans
Employees see relief through small business loans

Transmitted from a pet to a human.

Financial support from the federal government has taken the burden off some small businesses during this pandemic.

News 10's jada huddlestun spoke with a local company.

She shares how employees are feeling knowing they'll still get their next paycheck.

Not only are small business getting some financial help during this difficult time, so are employees, like melissa randall who works right here at cook and son lumber company.

Melissa randall has worked at cook and son lumber company in reelsville for 22-years.

The pandemic has impacted business..

And taken a toll on the small business.

She says being laid off was always in the back of her mind.

"we hadn't heard about, us employees we didn't know about all the you know, grants and the extra help.

You know, there's some of us who are helping other family members with their groceries and their bills.

So, you know, if they would've laid us off, it would've affected a lot of people."

Thanks to the small business paycheck protection program... cook and son is able to use the money for things like payroll.

Randall knows she'll be able to make ends meet..

Even if business is slow.

"we're extremely grateful we've got it.

You know, it's going to help a lot of families out, and you know, to help keep the business open, because when you shut a small business down for any reason, for any length of time, you're going to lose customers."

Craig cook is the owner of the company.

He says his employees have been great through this difficult time..

And he's grateful to be able to help them out.

"we're trying to take as many precautions as we can to you know, keep everybody safe here, but at the same time, you know, i think everybody realizes how important it is to be able to continue working and not have any interrutions in their finances and daily schedules."

Not all businesses were able to get assistance through the federal loan program.

Randall just hopes relief is on the way for others.

"it's hard on small towns when companies shut down.

Hopefully the ones that have applied for the loans eventually they do come through, because it's a big help, and maybe some of the ones won't have to shut down for good."

Now..

With this loan randall says it's just looking toward the future to resume business as usual.

Reporting in reelsville.

Jada huddlestun.

News 10.

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