PPP loans helping Bryan-College Station businesses stay afloat during pandemic | Local News

“Proper now, it’s simply protecting us the place we truly would possibly get to make a bit cash,” Mary Beckman mentioned.

Added Wade Beckman, “If gross sales proceed to go like they’re going, and we formally get caught up with every part that we owed after we had been shut down, which we’ve caught again as much as paying that … this second one might have the potential to offer a number of the misplaced earnings if gross sales keep the place they’re.”

Mary Beckman mentioned they’ve created a textual content and electronic mail group with house owners of 27 native eating places that talk nearly each day. A kind of members is Aaron Curs, who co-owns eating places All of the King’s Males and Proudest Monkey in Downtown Bryan and bars Paddock Lane and Tipsy Turtle on Northgate.

Curs described the second PPP mortgage as a “nice shot within the arm.”

“This spherical of PPP has been nice, as a result of it’s allowed us as we type of crawl our manner again to a bit little bit of regular to attempt to rent up,” Curs mentioned. “The PPP has been nice as a result of we are able to breathe a bit bit once more, even when our gross sales aren’t again. It buys us a few months pretending like issues are regular from an operations standpoint.”

One difficulty each Curs and the Beckmans have confronted is working eating places with out a full employees.

Wade Beckman mentioned he used to make use of 65 to 75 folks throughout his three eating places, however now it’s 40 to 45. Curs mentioned he has about 70% to 80% of his regular employees, including it’ll slowly enhance. Curs famous that regardless of having a smaller employees, the PPP mortgage has allowed him to pay extra, if wanted, and preserve a high-quality employees.

— to theeagle.com

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