April 14, 2024

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Tampa business proprietor explains how the PPP financial loan saved her livelihood

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TAMPA, Fla. (WFLA) – Tens of millions of work opportunities in Florida were saved by the Paycheck Security Method for the duration of the pandemic. The plan shut to compact company homeowners in the point out on Could 31, but it is even now possessing a long lasting affect.

Michele Renee owns “The Studio” in Seminole Heights. 8 On Your Aspect to start with spoke to her in excess of a year ago when the pandemic began, and her world was turned upside down.

“I never know how I would’ve lived. I would’ve sold almost everything and went again to Texas with my mom.”

Renee reported the PPP bank loan saved her livelihood.

“It tied us over. It got people performing it compensated the payments. I mean it was a blessing.” It was a blessing Renee reported she did not assume she’d get when we spoke to her back again in April of 2020. “I considered it was a joke. I was like there’s no way folks are just heading to give me dollars. I did not imagine I was likely to get.”

Florida obtained a lot more than $32 billion dollars from the PPP to distribute to firms throughout the Sunshine Point out. This was the fourth best total granted.

“I know that I could’ve gotten a further PPP financial loan, but I felt like I did not want to consider way too much. I was incredibly grateful for the to start with PPP bank loan,” Renee reported.

Renee explained she finally seems to be ahead to the future yet again.

“It feels pretty hopeful that points are shifting back again to ordinary. I come to feel delighted and that there is joy and existence back below.”

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