Saturday, July 31, 2021

Restaurant owners await financial assistance or fear losing businesses

HUNTINGTON, W.Va. (WSAZ) – Depressing, exhausting and irritating.

They’re all phrases restaurant homeowners are utilizing to explain the final 9 months of enterprise.

“It’s a curler coaster,” stated Chris Dixon. “I don’t advocate this for anyone. It’s been brutal, however I’ve an incredible spouse, a household. It’s laborious.”

Chris Dixon, who owns Christopher’s Eats in Barboursville, says he’s tried discovering artistic methods to maintain prospects flowing. However all of the whereas, as payments proceed to roll in and with none income substitute, Dixon stated it’s laborious to maintain his head above water.

“You attempt to lower what prices you would, however that’s not simple, as a result of we already function on an already small revenue margin anyhow,” he stated.

Congress has handed a $900 billion COVID aid package deal, however inside was nothing particularly for eating places. It’s a sector of the economic system which is projected to lose $240 billion in gross sales by the top of the 12 months.

“I’ve a job to do on a regular basis to try to maintain everyone fed right here, prospects and my staff,” stated Mark Cross.

In Huntington, Mark Cross, proprietor of 21 on the Frederick, says it’s his life’s ardour to remain and run his restaurant, nevertheless it’s been something however simple with restrictions limiting capability in place.

“I’ve took on extra debt however we’re nonetheless right here, and lots of people can’t say that proper now, sadly,” Cross stated.

The stimulus consists of $284 billion for the Paycheck Safety Program and one other $20 billion in small enterprise grants.

Downtown at Le Bistro, Chris Craven selected a distinct program that higher suited his wants.

“We ended up using the worker retention tax credit score; most individuals used PPP loans,” Craven stated. “Should you use PPP loans, you’re robotically disqualified from with the ability to use the ERTC. Which is form of why I used to be afraid of it to start with, anyhow, taking a look at all the pieces.”

The Nationwide Restaurant Affiliation says the trade misplaced greater than 17,000 jobs in November.

Dixon hasn’t but needed to lay off or furlough anybody, however says he solely has one Christmas want. He’s hoping that he’ll proceed having the chance to serve up meals and drinks in 2021.

“I feel the most important factor can be that we might nonetheless be open, that we made it, that we made it by way of,” he stated.

It’s nonetheless unclear when the funding from the federal authorities shall be accessible.

Copyright 2020 WSAZ. All rights reserved.

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