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Small businesses readying for stimulus loans
Courtesy Studio Sweat
and last updated 2020-12-22 19:40:57-05
SAN DIEGO â Small business owners across San Diego County are about to put in for their share of a $285 billion pot of forgivable federal loans.
Thatâs because a new round of Paycheck Protection Program loans is part of the new stimulus package, to help small businesses make it through the pandemic.
âObviously, we have major restrictions on us and visits are down probably more than ever right now,â said Cat Kom, owner of Studio Sweat in Rancho Bernardo.
Even moving the exercise bikes outside was a struggle for the gym. Kom got stuck in the elevator for more than an hour before fire rescue crews got her out.