Christ, who owns a Florida business that cleans kitchen exhaust systems, Hoodz of Orlando, said he’d received $290,000 under the program. Now he must decide whether to use the money to pay his staff for the next two months and get the loan forgiven, or keep it on the books as a hedge against his concerns about Florida’s economic prospects for the rest of the year while his laid-off workers can draw unemployment.
“I am so consumed with this,” he said. “It’s driving me crazy.”
-With assistance from Mark Niquette and Michael Sasso.
This article was provided by Bloomberg News.