Down Debt

Small businesses fear latest aid package will neglect them again

Assisted living facilities have also struggled to tap into the $178 billion allocated by Congress to health care providers, as they are mostly “private payment” options that do not receive Medicare payments like facilities. skilled nursing care.

By the time the vendor relief program requirements were rewritten to be more flexible, funds had largely run out. Elehwany estimates that assisted living facilities received about $1 billion, compared to about $30 billion in losses in the industry.

Limits for live events

Congress sought to help the live events industry when it created the $16 billion closed venue operator grant program in December 2020. But eligibility was limited to live venue operators and promoters. live, theater producers, talent representatives, operators of live performing arts organizations, museums and cinema. theaters.

The Senate Small Business Bill would provide $2 billion to businesses that support events in these types of venues by providing services such as stages, lighting, sound or casts. But to be eligible, companies must receive at least 70% of their revenue from operators eligible for the SVOG program – a tough hurdle for many event support companies.

“A lot of companies that serve gatherings and events will work across multiple verticals,” Thomas said. His company – Greenlight Creative, based in Portland, Oregon – hosts a variety of events such as corporate fundraisers, festivals, weddings, birthday parties, memorial services and more with four employees at full-time and six part-time.