“The shutdown is stifling our ability to grow,” said Grant Richardson, who founded a wine import company, Pangea Selections, in 2019.
Richardson can’t close on a six-figure Small Business Administration loan while the federal government is shut down, but the impasse hasn’t given him a break on the roughly $20,000 in tariffs that he expects to fork over this month.
The entrepreneur from Austin, Texas, is still waiting to receive roughly $10,000 in business tax credits for the quarter. And he can’t seal a deal with a California winemaker to launch a new product line because the government is not approving new labels for bottles during the funding lapse.
Grant Richardson cannot close on a Small Business Administration loan for his wine import company because of the government shutdown.

CNN Business

Local News in D.C.
America News
Raw Story
AlterNet
ABC News Video
NBC Southern California