Small business owners grow anxious over economic uncertainty – The Coast News Group

  • For Megan McIntyre, Brian Seghers and Gordy Haskett, the long-term math doesn’t work out as 90-day deferments by the state and other municipalities and potential loans may crush small businesses once those non-essential stores are allowed to re-open, but no one knows when it will happen.
  • McIntyre applied for the federal Payroll Protection Plan , although Haskett, who owns Gordy’s Bakery in Encinitas, said he could not because he can’t meet the 75% requirement for payroll for his furloughed employees.
  • Seghers, who owns 454 Tattoo and Body Piercing in Encinitas and another tattoo shop in Redlands, said he’s been in contact with Encinitas Councilwoman Kelly Hinze about potential relief from the city.
  • They can’t take the chance at spending any more money, Seghers said.

Read full article: thecoastnews.com