Pappajohn Center discussing financial assistance options

With the Paycheck Protection Program financially exhausted, small business owners are seeking other forms of assistance

Programs to come out of the cares act?

The paycheck protection program?

Out of money... local businesses are seeking other avenues to keep themselves operational during this time.

Kimt news 3's alex jirgens is looking into what other options are out there for business owners.xxx it's a precarious time for business owners right now.

With fewer customers?

If any at all?

Coming through their doors... they're being faced with an uncertain future.

While the ??p was targeted toward small businesses?

The funding dried up within two weeks after it launched.

During the finance friday seminar hosted by n?acc's pappajohn center?

Panelists discussed how to manage the loans that have been received.

Brook boehmler (be?

Lerr) has been fielding a lot of questions in regard to the ??p.

"if i've got 20 ftes, or part timer people, or equivalent, how does that count?

Can i bring on 2 part time people, 1 full time person.

Can i keep my wife as a bookeeper with a raise and double that up?"

Other options were also discussed including small business relief grants?

Which have already been handed out.

However?

There are local incentives business owners can take advantage of.

"i want everyone to contact their local chamber of commerce.

There's some really good vibes, and they work really hard to promote businesses in their community."

In mason city?

Alex jirgens?

The papajohn center has a hotline established for business owners to learn about programs and ask questions.

We have that number posted under this story on our website kimt dot