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November 16, 2021

For Union Square Hospitality Group, the decision concerning whether to apply for PPP financial loans was actually more difficult.

For Union Square Hospitality Group, the decision concerning whether to apply for PPP financial loans was actually more difficult.

All USHG diners shut since March 13th, along with no profits, the company was actually obligated to lay off over 2000 workers.

Considering that the PPP financial loans would be forgivable only when staff comprise chose back by Summer, and because many USHG dining are situated in new york where that timeline is actually unlikely achievable for full solution diners, that application choice counted upon our very own conviction that one day we might manage to pay back the mortgage. After careful consideration, USHG decided to try to get PPP financing, facing the possibility so that you can employ right back let go staff members today. Read More