PPP Loan Keeps Bakery Alive Through COVID-19 Pandemic

The COVID-19 pandemic has hit the foodservice industry particularly hard, causing many establishments to close permanently. Nearly 1.3 million businesses were approved for a PPP loan as of February 2021, according to the Journal of Accountancy. Bakery owner Mary Holzkopf is one of those recipients. Holzkopf opened her Huntley, Illinois-based bakery, Blessed Little Kitchen in…

Benefits Of Restaurant Equipment Financing

The Restaurant Equipment Financing Goal Starting a restaurant, even a small one, is a major step, and one that involves considerable capital in order to fulfill its potential.  Start up costs may vary anywhere from tens of thousands to millions of dollars, and most of us do not have this sort of cash on hand….