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Small Business Lifelines (4-8-20)

Video credit: KQTV
Published on April 8, 2020 -
Small Business Lifelines (4-8-20)
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Small Business Lifelines (4-8-20)

First responders that gloves, masks and other personal protective equipment are on the way.

And we check in on an area distillery to see how they've shifted gears during the pandemic.

Instead of 120 proof liquor they're now brewing up 120 proof hand sanitizer.

(sot (music) from kqtv, st.

Joseph, this is kq2 news at six.) small businesses owners, who have seen their livlihoods closed by the coronavirus are now hanging on for as long as they can before checks arrive.

Good evening, i'm jodie o'brien part of the federal 2 trillion dollar relief package president trump signed includes help for small businesses affected by covid-19, the 360 billion dollar plan aims to keep them afloat during this time of uncertainty.

Kq2's ron johnson <<ron johsnon reportingacross the state, small businesses are hurting due to covid-19.

It's been so terrible to have to lay folks back.this small business owner garden gate, a local floral despite prudent business practice, prepare her for the coronavirus.

We've come to a screeching halt in business, how do that?

Developed quickly not only for us but for the government.

Now the show me state working to businesses hurting with a program aimed joblessness.

Government's way of wanting to keep those people employed.its called the paycheck protection plan, it's a loan business owners can sign up for through their bank to receive funds to cover payroll while their employees aren't able to work.

The loan is also available for gig economy workers and those who are self employed.

Those eligible would recieve up to two and a half times their average monthly payroll based on last year's tax info.

It keeps them connected to that business in the long run and so hopefully when we're on the other side of this they can immediately go right back to work and pick things up.

While business owners admit their are some delays in the system, the hurry up and wait i think is the best way to describe it has been all in all they say it's important to take advantage of the resource now so they're ready for when all this is over.

I think it's important to grab those funds and use so we can be beefed up and ready to go as soon as they say we can get back to business.

Ron johnson kq2 news>> senator roy blunt says the paycheck protection program will provide eight weeks of pay for employees

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