Sunday, April 5, 2020

Columbia's Susquehanna Glass Company is one of the businesses hoping for help from government loan program

Walter Rowen, president and owner of Susquehanna Glass Co. in Columbia, Pennsylvania told MarketWatch that as of Friday afternoon, the large regional bank that he works with was not accepting applications, though he hopes they will on Monday. "Hopefully there will be enough money left that you didn't have to be one of the very first to apply."

Rowen remains optimistic that the program will ultimately benefit his business and the broader economy by keeping workers attached to their employers, but he said he hoped the program will be updated to extend the June 30 deadline. Retailers compose the majority of his clients, and he's not sure they will need to be at full capacity by that date.


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