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Friday, March 27, 2020

Good news for Maxie

Good afternoon, During yet another wave of somber developments that included a frighteningly high number of jobless claims in Delaware and a coronavirus outbreak in a long-term care facility near Newark, we received some positive...

A must read for anyone seeking a disaster loan

Hello everyone, Ken Martin has written a piece that’s worth reading for anyone applying for a Small Business Administration loan during the coronavirus crisis. Martin, operates the Austin Bulldog, a news site with an investigative focus....

Waiting on Washington

Hello everyone, Late last night, we learned that the U.S. Senate had reached a deal on a $2 trillion bill aimed at addressing the economic damage caused by the coronavirus epidemic. A vote is expected today. As...

More HELP needed

Good afternoon, Delaware’s  Hospitality Emergency Loan Program (HELP)  provides  a ray of hope for an industry that was hard hit by the state’s coronavirus emergency declarations and a sinking economy. The  program aims to help establishments...

Rehoboth brought us to the tipping point

Hello everyone, Delaware’s coronavirus response reached the tipping point on Friday followed by the stay at home order and the shutdown of non-essential businesses. On an unseasonably warm day, crowds descended on Rehoboth Beach. Social distancing...

A burst of creativity and a reason for optimism.

Good afternoon, As Delaware heads into a weekend we have never seen before there is some reason for optimism. In the matter of a few days, we have seen an outpouring of creativity from the hospitality...

A little sunlight for the hospitality industry

Hello everyone, Yesterday, this column took a look at the coronavirus catastrophe in the hospitality industry as well as concerns from a  small business leader on assistance being tied to debt. The concerns were aired by...

Going beyond loans in responding to the pandemic

Good afternoon everyone, A request came in last night to write a piece on current coronavirus business assistance efforts being confined to loans.  When disasters are declared, Small Business Administration loans are offered to provide  a...

A crippling blow to the  hospitality industry

Hello everyone, The state-imposed coronavirus-driven ban for restaurants and bars became effective last night.  The move had been anticipated but still came as a shock. Carryout is still an option for many restaurants. But some establishments...

Coronavirus news cascade continues

Hello everyone, As of this morning,  17 stories had been posted by Delaware Business Now, since the last newsletter landed in your Email box Friday afternoon. Every post over the weekend has at least an indirect...