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Deep Ellum Art Co.'s Closure Is Inevitable, Says Venue's Owner


The venue owner posted on his personal Facebook page Tuesday afternoon that his business has over $500,000 in debt and that he doesn t believe the grant money from groups like the Small Business Administration will roll in fast enough to cover their regular financial obligations and losses.
It sucks, LaRue says. It sucks so bad to wake up every day and mathematically be in a worse place than you were the day before. There s a numerical bottom line to look at every day that paints a picture of more despair, more depression and more anxiety. It s just fucked, man.
In order to apply for a grant from the SBA, which recently opened its Shuttered Venue Operator Grant program thanks to Congress passage of the recent relief package, LaRue says he and his wife have had to jump through staggering bureaucratic hoops. ....

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