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Alabama's small businesses need economic support to stay open

U.S. senators return to Washington next week and on their agenda is the Paycheck Protection Program and other economic stimulus benefits related to the coronavirus pandemic.

Posted: Oct 14, 2020 5:17 PM
Updated: Oct 14, 2020 6:23 PM

U.S. senators return to Washington next week and on their agenda is the Paycheck Protection Program and other economic stimulus benefits related to the coronavirus pandemic.

WAAY 31 spoke with the Alabama Director of the U.S. Small Business Administration to learn why another round of the program is so important to keeping small businesses open.

More than 67,000 loans totaling almost $6.2 billion were distributed during the first round of the Paycheck Protection Program.

And that's just in Alabama.

"Small businesses in Alabama represent 99, almost 98%, of all the businesses in Alabama. It's crucial to preserve those to the greatest extent possible, so anything we can do to help them is honestly going to help all of our communities," said Tom Todt.

The director of the Alabama District Office for the U.S. Small Business Administration, Tom Todt, says it's more important than ever to support small businesses.

The Gold Sprint Coffee shop is one of the Alabama small businesses that received a PPP loan.

"During the pandemic, I would say the small businesses are the ones who are hurting right now. The big businesses are making more money than they ever have," said manager at Gold Sprint Coffee, Alexis Christakes.

Christakes says it has been rough at times at the coffee shop during the pandemic.

"We laid off all of our part-time employees and we just kept on our four main full-time people. And we were working one person a shift for a while," said Christakes.

That's even with the Paycheck Protection Program loan.

"Almost all of it went to payroll, which you know is the biggest expense, so we're just trying to keep everyone employed and able to pay their bills and stuff," said Christakes.

Todt says supplemental funding for another Paycheck Protection Program is crucial to helping small businesses survive.

"Well the Paycheck Protection Program was designed to be able to enable small businesses to keep their employees or to call back employees that had been laid off because of the pandemic," said Todt.

There are other loan options for small businesses such as the Economic Injury Disaster Loan program to help keep small business afloat during the pandemic.

It's easy to help our North Alabama small businesses. Just stop in to make a purchase or grab a bite to eat.

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Alabama Coronavirus Cases

Cases: 491110

Reported Deaths: 9831
CountyCasesDeaths
Jefferson706291356
Mobile35894721
Madison32255442
Tuscaloosa23996409
Montgomery22462494
Shelby21820215
Baldwin19670274
Lee14900150
Morgan13599249
Calhoun13175285
Etowah13143319
Marshall11226206
Houston10048259
Elmore9337183
Limestone9335134
Cullman8869179
St. Clair8783220
Lauderdale8581210
DeKalb8429174
Talladega7481163
Walker6504251
Jackson6477102
Autauga620389
Blount6086125
Colbert5978118
Coffee5230102
Dale4621106
Russell401831
Franklin397876
Covington3956106
Chilton384298
Escambia377172
Tallapoosa3572141
Clarke342949
Dallas3397141
Chambers3392108
Pike293071
Lawrence281384
Marion280894
Winston246166
Bibb244260
Geneva238670
Marengo233354
Pickens223954
Barbour209951
Hale208868
Fayette199756
Butler195165
Henry182041
Cherokee176438
Monroe165938
Randolph163140
Washington156634
Crenshaw143554
Clay143354
Macon140943
Cleburne136839
Lamar131732
Lowndes130648
Wilcox120825
Bullock116336
Conecuh106523
Perry105327
Sumter98431
Coosa87823
Greene87032
Choctaw54823
Out of AL00
Unassigned00

Tennessee Coronavirus Cases

Cases: 770940

Reported Deaths: 11321
CountyCasesDeaths
Shelby867941476
Davidson81042849
Knox45328573
Hamilton40069459
Rutherford38014377
Williamson25081202
Sumner21216315
Montgomery17269209
Out of TN1676593
Wilson16258211
Unassigned15676125
Sullivan14239273
Blount13959178
Bradley12775138
Washington12693232
Maury12158160
Sevier11930161
Putnam10566168
Madison10065228
Robertson8901118
Hamblen7972161
Anderson7922156
Greene7270145
Tipton6908101
Coffee6281114
Gibson6174140
Dickson6169103
Cumberland6092120
Carter5938152
McMinn589190
Roane584496
Bedford5771117
Loudon564865
Jefferson5605117
Lawrence555181
Warren530375
Monroe529290
Dyer5225101
Hawkins520794
Franklin470884
Fayette464771
Obion435994
Rhea412973
Lincoln411761
Cocke396892
Marshall389254
Cheatham386844
Campbell379159
Weakley377859
Giles371795
Henderson361473
Carroll347081
Hardeman338064
Macon335573
White335066
Hardin330462
Lauderdale309642
Henry299275
Marion290942
Wayne286730
Scott285842
Overton283957
Claiborne275667
McNairy265852
Haywood264560
Hickman263640
DeKalb261849
Smith254236
Grainger241546
Trousdale238522
Morgan228837
Fentress228544
Johnson215938
Chester200647
Bledsoe198610
Crockett197147
Unicoi179947
Polk174622
Cannon174129
Union169931
Lake167526
Grundy167330
Sequatchie154525
Decatur153237
Humphreys152021
Benton150039
Lewis146425
Meigs125621
Jackson125034
Stewart123324
Clay106530
Perry102827
Houston102431
Moore94016
Van Buren79120
Pickett74723
Hancock49312

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