Listening to a fascinating and scary @amprog panel on the "workforce behind the workforce" and the #ChildCare crisis intensified by the coronavirus pandemic.
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"How do you go to a family who has maybe lost their own jobs and may be struggling" to ask for tuition to save their spots to stay open? Catherine Lieberman from NC asks.
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Catherine, director of Bell's School in NC, says 1st round of PPP ran out before she could get the loan. In 2nd round there were 35,000 people ahead of her. Applied for small business association loan. Told would hear within 10 days. She applied 3/26. She can't meet ends meet.
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Philip Acord, CEO of Chambliss Center for Children in Chattanooga, got PPP loan money last week in April, with staff of 300 they were in "dire straights" with payroll in the hundreds of thousands. Also got some state funds to replace lost revenue.
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Jerletha McDonald is a home-based child care provider in Texas. She says of the PPP and other loans "most of those opportunities were closed to us" because they are a single proprietor without employees or do not have existing banking relationships.
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