Thousands of owners of McDonald's and other big franchises get PPP loans; independent eateries fight back

ORLANDO, Fla. — Struggling to hang on through the coronavirus crisis, Omelet Bar has had to let go of most of its three dozen employees. But the owner of the independent brunch spot near the University of Central Florida hopes a small-business loan from the federal government will help his business stay afloat.“I’m down to a minimum crew,” said Tarek Kanso, a UCF graduate who started Omelet Bar three years ago. “This money would help me bring more of the crew back to work and help with bills and maybe rent if there’s anything left over after that.”Kanso said he is still waiting for his “Payche…

Read More

HEDGE accordingly