Most Anchorage restaurants, like Gwennie’s, are already quieter than usual if open at all. Come Monday, they’ll all be just about empty following the release of Municipal Emergency Order 16, which puts Anchorage back into a hunker-down mode and blocks bars and restaurants from any dine- or drink-in service.
The money would go to remaining businesses that applied but didn't get a grant during the second round, though there is also the option of reopening applications.
Bernadette Bradley, owner and operator of the longtime Anchorage restaurant and bar Bradley House, says she's been able to make things work thus far, but that she's concerned about the upcoming winter season.
As many Anchorage businesses fight to stay afloat, others have stopped serving customers altogether. Of the latter group, some have closed their doors so that they might hopefully reopen in the future.
Many owners of shops and restaurants in Anchorage are trying to kick-start business while still following local mandates. Several in downtown Anchorage have spilled out on to municipal streets, and in turn, triggered speculation of Anchorage Mayor Ethan Berkowitz’s involvement in their expansions, something the mayor vehemently denies.
Nearly all businesses have been affected in some way by COVID-19. Many are struggling to re-open and some haven't re-opened at all, but others are seeing growth.
Businesses like the Alaskan Soda Jerk stand look to the state fair for more than half of their yearly revenue. Now, the business will be operating in Anchorage all summer to recoup that lost income.
Commercial fishing businesses can now apply for the Paycheck Protection Program loans that include crew in payroll costs, as the Department of Treasury and Small Business Administration has amended a rule that previously counted crew as independent contractors, Alaska’s congressional delegation announced Thursday.
Licensed providers will receive assistance based on their licensed capacity for the months of April and May. Those who were open during that time should receive more money per child, according to the state's plan.
The Alaska Department of Commerce has announced that a state small business grant program will be expanded to include businesses that have already taken small federal loans.
Anchorage business Roti, a Malaysian bakery, had only been open five months when the hunker down order went into place. Now, a small business owner's dream is on the line.
During a House Finance Committee meeting held on Wednesday, officials confirmed that small businesses that have accepted federal coronavirus loans are ineligible for state grants. But that could change.
The store, which reopened its doors in late May, is being closed as part of Nordstrom's response to the looting and riots occurring at large gatherings in the lower 48 states.
the only thing shinier than the new conveyor belts and countertops is going to be the sweet glaze on those Krispy Kreme donuts that people in the valley can now get.
About a dozen customers waited in their cars before the store officially reopened. Jackie Mercado and Janis Joseph say they were excited to finally shop at the retail store again. Joseph says she drove down from Fairbanks for the reopening.
The U.S. Treasury has approved Ravn Air Group’s ability to seek payroll grants under the CARES Act Payroll Support Program, which will enable interested buyers of the group to preserve the airline.
According to a press release, “Reported net loss for the first quarter of 2020 under Generally Accepted Accounting Principles of $232 million, or $1.87 per diluted share, compared to net income of $4 million, or $0.03 per diluted share in the first quarter of 2019.”
Self-employed business owners and those who missed out on assistance through the CARES Act are likely to see hard times in the coming months, with 16% of local businesses set to close shop for good, according to the AEDC.
