The proprietor of Wavelines, is in the identical place a whole lot of small enterprise house owners are proper now: making an attempt to outlive whereas additionally in search of assist from the federal authorities.
SAN DIEGO —
Many San Diego companies are struggling to remain afloat throughout the coronavirus pandemic with out federal reduction funds. According to a new report from the Washington Post, a whole lot of that stimulus cash ended up going to huge companies with thousands and thousands within the financial institution.
Tim Kirkpatrick, the proprietor of Wavelines, a surf, skate and snow shop, is in the identical place a whole lot of small enterprise house owners are proper now: making an attempt to outlive whereas additionally in search of assist from the federal authorities.
“I did not even get to use for 2 weeks and the cash ran out a day later,” he stated.
Whereas the federal government unveiled a $369-billion reduction program to assist native mom-and-pop companies, the Washington Put up studies an enormous chunk of the cash went to huge companies. A few of these companies have as much as 500 staff and a number of other have CEOs who maoke upwards of $10 – $15 million a yr.
In the meantime, Okirkpatrick and the Carmel Mountain Ranch retailer he is owned for 27 years have but to obtain a dime.
“It’s somewhat weird to learn within the papers that the Lakers are a small enterprise and a few of these restaurant chains and looks as if this classification ought to have some tiers in it, however that is irritating,” he stated.
The LA Lakers – price $Four billion – have since returned the $4.6 million the corporate obtained as a part of the stimulus package deal. Others have additionally adopted go well with.
“I wasn’t anticipating the larger companies taking the cash,” Kirkpatrick stated. “Once we received additional alongside within the course of, I guess I perceive how that occurred and it is a dangerous look.”
The full listing of huge firms has but to be launched however Okirkpatrick hopes that adjustments.
“I suppose that a few of these firms most likely do want it however the ones that do not, just like the Los Angeles Lakers, I suppose as quickly as that will get launched, they have to offer it again as a result of it appears to be like so ridiculous and there is most likely tons of these on the market,” he stated.
As for Kirkpatrick and his store Wavelines, he’s making an attempt to maintain issues going with curbside pickup and on-line ordering.
“I‘m working loads tougher to make loads much less cash than I ever have,” he stated.
All he can do is hope they get some kind of stimulus reduction quickly.
“I‘m simply making an attempt to be artistic and, within the second, do what I can to indicate up at work and to indicate up for my household,” Kirkpatrick stated.
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