Some Hoboken Businesses Struggling Post-Sandy
By Katie Colaneri, WBGO News
November 15, 2012
Some small businesses in Hoboken are still struggling to reopen after Hurricane Sandy, and they say government assistance isn’t coming through for them.
At an information session in Hoboken, representatives from the Small Business Administration or SBA explained its low-cost loans for business owners.
Anastasia Kamper, whose boutique was destroyed, says a loan isn’t good enough.
“If I needed a loan for my loan, I’d go to my bank. We were hoping for some assistance that’s just outright assistance.”
The SBA says loans can help while business owners wait to settle with their insurance companies. But local restaurant owner Eugene Flinn says the key to recovery will be businesses helping other businesses.
“I think it’s going to be very hard for people to pay back loans, but if we harness our resources together and build a greater sense of community, things will happen.”
Flinn’s letting a local caterer use his kitchen, and the city says some of its disaster relief funds may go to help businesses.
© 2012 WBGO News
Lavallette. May 20, 2013
Christie says rebuilt boardwalk a symbol that shore is open for business. Read More
May 20, 2013
Says legislative budget officer David Rosen is wrong. Read More
May 20, 2013
The suburbs of New York and New Jersey are becoming home to more and more of the areas poor population. Read More
New York City Hall. May 20, 2013
Closing arguments are expected Monday in the landmark federal civil rights class action suit against the NYPD over its controversial stop-and-frisk practices. Read More
May 17, 2013
Tree pollen reaches peak, grass pollen will last several more weeks. Read More