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Data shows chain restaurant franchisees received more money than some small businesses

Mount Equity Group Tokyo, Japan > News > Business > Data shows chain restaurant franchisees received more money than some small businesses

DENVER — For the first time in over a year, Shannon Hardenbrook feels like she’s finally on more stable ground.

“I was able to bring back employees and actually start paying people again instead of asking my family to volunteer,” said Hardenbrook, owner of The Mac Shack, a gourmet mac and cheese food truck with a brick and mortar location.

She’s operated the business for four years. During the pandemic while truck sales declined, her brick and mortar location lost even more revenue.

“On the food truck, we dropped about 70%. In the brick and mortar, 90%,” she said.

To avoid closing her standalone restaurant, Hardenbrook, like other small business owners, applied for a slew of federal financial aid.

“We were two months away, two months away from depleting our savings completely,” Hardenbrook said. “We got both of the PPP loans, which definitely helped us, however, that went to pay our employees and not our rent.”

She also applied…

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