A month after Sandy, and with the deadline for federal and city-wide emergency loans looming at the end of December, East Village businesses are still struggling to get back to normal — and many of them aren’t getting assistance.
Several businesses contacted by The Local said they were still dealing with technical and equipment issues, limited phone lines, the cost of replacing lost merchandise, loss of business, and damage from mold, not to mention the red tape of applying for loans.
Some, like The Sunburnt Cow on Avenue C, are still contending with gas and electricity problems. Last Friday, the restaurant’s manager, Matilda Boland, said she was still without gas, and was only open for weekend brunch. “We’re currently cooking on what’s essentially camping equipment,” she said.
Ian Pearl, owner of Royale on Avenue C, has been dealing with his own equipment issues. “Stuff keeps breaking. The power surges blow, then it’s the compressors. There’s all that to deal with on top of the refrigeration, which was ruined, and all of the ruined inventory.”
Mr. Pearl, who estimates a $100,000 loss of business, has applied to a number of emergency loans without much luck. The city’s Department of Small Business Services, which offers emergency loans and a matching grant program, rejected his application; now he’s waiting to hear back from the U.S. Small Business Administration.
“I’m just trying to wrap my head around it. It’s really a lot. With all this combined, it’s just not a good time,” he said.
Several small-business owners complained about heavy paperwork and unanswered applications, where loans program were concerned.
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