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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: 234080

Reported Deaths: 3459
CountyCasesDeaths
Jefferson30620491
Mobile19306358
Tuscaloosa12501148
Madison12410146
Montgomery12040232
Shelby980576
Baldwin826984
Lee753964
Morgan618247
Calhoun5997113
Etowah590564
Marshall581953
Houston507038
DeKalb463535
Cullman412636
Limestone404544
St. Clair398455
Elmore393961
Lauderdale382953
Walker349096
Talladega335942
Colbert296341
Jackson291924
Blount276336
Autauga263439
Franklin244833
Coffee233415
Dale226654
Dallas220231
Russell21803
Chilton216937
Covington212533
Escambia194431
Tallapoosa169290
Chambers168048
Pike155514
Clarke155419
Marion134535
Winston123723
Lawrence122436
Geneva11748
Marengo116924
Barbour116110
Pickens115318
Bibb114217
Butler113741
Randolph99821
Cherokee98924
Hale91631
Washington90018
Clay89423
Fayette84416
Henry8426
Lowndes78729
Monroe76811
Cleburne74414
Crenshaw70330
Macon70020
Bullock69019
Conecuh66814
Perry6686
Lamar6267
Wilcox62418
Sumter55322
Choctaw41713
Greene40217
Coosa3074
Out of AL00
Unassigned00

Tennessee Coronavirus Cases

Cases: 344550

Reported Deaths: 4301
CountyCasesDeaths
Shelby45771637
Davidson40820407
Knox17590140
Rutherford16907150
Hamilton15861136
Williamson1066473
Sumner9141134
Wilson705574
Out of TN692847
Montgomery622381
Sullivan609389
Putnam574379
Washington5596100
Maury554958
Blount512356
Madison5108105
Bradley483233
Sevier468131
Unassigned437714
Robertson357351
Tipton348736
Hamblen331557
Dyer308649
Gibson301161
Greene285971
Anderson273725
Dickson272827
Coffee263041
Bedford254428
Carter253453
Obion252247
Lawrence250732
Cumberland242335
McMinn234355
Warren227018
Hardeman221037
Roane220424
Loudon218418
Jefferson215331
Fayette214437
Weakley207734
Lauderdale200321
Monroe199042
Franklin193632
Trousdale189412
Hawkins181434
Wayne180810
Henderson178730
Macon176427
Hardin171825
White167517
Marshall165317
Carroll164732
Haywood159629
Rhea157130
Cocke154928
Overton150534
Cheatham149416
Campbell147621
Lincoln146313
Henry144617
Smith138319
Johnson137621
McNairy137632
Giles135643
Fentress117119
Lake11515
Bledsoe11425
Hickman111517
Crockett111025
DeKalb108920
Marion103917
Chester98819
Scott9587
Grainger92315
Decatur91512
Unicoi78525
Benton76114
Claiborne7559
Grundy74214
Lewis71514
Cannon7072
Union6915
Morgan6726
Jackson66010
Humphreys6537
Polk63214
Houston57319
Stewart55414
Clay52518
Sequatchie4965
Meigs46112
Perry46020
Moore3692
Pickett36612
Van Buren3422
Hancock1473

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