April 22, 2020
WHY BBR PARTNERS CHOSE NOT TO APPLY FOR PPP FUNDS
BBR Partners, like all small businesses (financial services and otherwise) has not been spared by the COVID-19 pandemic. While by the letter of the law, the Paycheck Protection Program may have allowed us to qualify for a low-interest forgivable loan, we are fortunate to have the financial resources and a stable business that allow us to continue running our business at 100% staffing levels without raising additional capital. While additional funding would have helped protect us against future uncertainty, with so many other small businesses struggling for their very survival, we did not want to impede their chances and so chose not to apply.