Chapter Co-Chair Armando Ojeda Adds SCORE's Voice to Discussion of Small Business Resources
Channel 7 Action News in Detroit recently interviewed Armando Ojeda, Co-Chair of SCORE of Southeast Michigan, for a television news segment entitled, "Cash strapped small business owners look for relief while PPP is stalled."
The piece, part of an ongoing series called "The Rebound Detroit," covered alternate financial relief programs available to small businesses at a time when the Paycheck Protection Program funds dried up and awaited Congress's vote to re-fund the program. An excerpt of the transcript:
But SCORE, a non-profit providing free business resources says it’s not a reason to feel discouraged, urging loan seekers to use this time wisely.
“Entrepreneurs need to have all of their financial paperwork prepared and ready for submission - the other thing they need to do is set up a new operating budget because, now, they’re operating in a new normal,” says Armando Ojeda with SCORE Detroit.
Also don’t forget -- the PPP loan is not the end all be all.
“There’s a lot of county money, state money and programs emerging, so they should be out there on a scavenger trying to find the money they need,” says Ojeda.
Watch the entire segment here: