Business owners discuss financial relief for COVID-19 losses

JACKSON, Tenn. — Humboldt Plaza 3 movie theater has been around since 1942, but they’ve had their share of struggles over the years.

“We were doing very well until about March, when covid struck everybody,” Michael Longmire, who co-owns the theater, said.

Screen Shot 2020 09 08 At 5.59.21 Pm

Longmire says they’ve had to apply for funding assistance for small businesses over the last few months because of the pandemic.

“We figure so far we’ve lost anywhere from $180,000 to 200,000,” Longmire said. “Business is not what we expected it to be this time of the year.”

Longmire says that, since opening, they’ve added more health and safety measures, even creating socially distant seating.

He’s gotten funding through local banks, and more from the Tennessee Business Relief Program.

“We’ve received funding by direct deposit within about two weeks,” Longmire said.

But other small businesses have had a harder time receiving assistance.

Golden Years Adult Daycare is a business that’s been open for about two years.

Screen Shot 2020 09 08 At 5.59.44 Pm

“I was just kind of getting up, getting more clients in when covid hit, and I did close for about a month,” owner Brenda Douglas said.

Douglas says she has applied for several relief loans with no luck, but has gotten help through the Small Business Development Center and local banks.

“I have received $7,000, and that was in June. If it hadn’t been for that, I would have not been able to open my doors,” she said.

Douglas says that since reopening, it’s been slow, but because she has older clientele, her focus has been on keeping things healthy and safe for them.

She says she recently applied to the Tennessee Business Relief program, and she hopes to hear back soon.

“If I don’t, we’re going to be open as long as God says so,” Douglas said.

Small businesses that are eligible for additional financial relief can apply through the Tennessee Department of Revenue’s website. That deadline is Sept. 25.

Categories: Local News, News
Share this...
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter