COVID-19 hits downtown businesses

1 month 3 weeks 1 day ago Sunday, August 09 2020 Aug 9, 2020 Sunday, August 09, 2020 1:57:00 PM CDT August 09, 2020 in News
By: Kelley Collins, KOMU 8 Reporter
loading

COLUMBIA — COVID-19 has caused economic issues in downtown Columbia — including the shuttering of several businesses. 

Both Bambinos and Roxy’s Bar have cited COVID-19 as their reason for closing. 

Paycheck Protection Program, Small Business Administration and Economic Injury Disaster loans are starting to end.

Nickie Davis, the downtown District’s executive director, says that this is making it difficult for businesses to stay open.

“Now is the time the PPP loans, SBA loans, the idle loans are starting to run out and they are nowhere near the capacity they were before. Back rent is coming due and back utilities are coming due and they’re running out of these loans,” Davis said. 

Some businesses are changing the way they are conducting their business to help stay open as rearranging their shops to allow for social distancing, putting up partitions and providing online stores. 

Davis also said that curbside pick-up has been a huge savior and help for businesses to stay open during the pandemic.

Christina Kelley, owner of Make Scents, explained that although her business was closed for two months, they were still able to make a profit due to their online store.

Now, since re-opening their physical store with new precautions their profits continue to grow.

“Our income dropped pretty dramatically at first and then every month since has gotten a little bit better and a little bit better but we're still definitely down.” Kelley said. 

Overall, the City of Columbia has seen a financial impact because of the virus due to sales tax numbers being lower than expected this time of year.

Compared to last year, online sales are up 75%.

This means the sales tax numbers are lower this year, according to Matthew Lue, Director of Finance for the City of Columbia. 

“If our numbers keep climbing and we keep having more positive cases that’s gonna defer some people from going and spending their money they’re gonna stay inside and shop online and when they do that it will hurt the city,” Lue said.

Lue believes that things financially may get worse before they get better because a lot of the money that is being spent such as online sales are not being spent in the actual city.

 

More News

Grid
List
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. Previous coverage: ... More >>
2 hours ago Thursday, October 01 2020 Oct 1, 2020 Thursday, October 01, 2020 6:42:00 AM CDT October 01, 2020 in News
Columbia police conclude investigation in Mengqi Ji case The Columbia Police Department concluded their part of the investigation... More >>
3 hours ago Thursday, October 01 2020 Oct 1, 2020 Thursday, October 01, 2020 5:26:00 AM CDT October 01, 2020 in Top Stories
(AP) — Kansas City leaders are introducing a new four-part plan they hope will help the city reduce its burgeoning... More >>
11 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 9:40:00 PM CDT September 30, 2020 in News
COLUMBIA - A bicyclist was rushed to the hospital, Wednesday, after a driver hit him and ran from the scene.... More >>
12 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 8:49:00 PM CDT September 30, 2020 in News
(AP) — The American Civil Liberties Union is suing over a Missouri court order allowing some Kansas City area evictions... More >>
13 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 7:55:00 PM CDT September 30, 2020 in News
ASHLAND - The Wilton Landowners Levee and Drainage Association has been waiting a year to be reimbursed for work completed... More >>
13 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 7:36:00 PM CDT September 30, 2020 in Continuous News
COLUMBIA- The Columbia Police Department concluded their part of the investigation in regard to the Mengqi Ji case, a Columbia... More >>
15 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 6:22:00 PM CDT September 30, 2020 in News
JEFFERSON CITY - Tuesday's Presidential debate was different than years past and not just because there was no crowd in... More >>
15 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 5:49:00 PM CDT September 30, 2020 in News
(CNN) - The Senate on Wednesday approved a stopgap spending bill in order to avert a government shutdown just hours... More >>
15 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 5:47:04 PM CDT September 30, 2020 in News
COLUMBIA - The Columbia/Boone County Health Department released guidelines for trick or treating on Halloween. There are numerous activities... More >>
15 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 5:47:00 PM CDT September 30, 2020 in News
COLUMBIA- Missouri Head Football Coach Eliah Drinkwitz drew attention on Wednesday when he spoke up about the SEC's lack of... More >>
17 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 3:33:00 PM CDT September 30, 2020 in Sports
MIDWAY - A string of burglaries and larcenies have impacted more than a dozen properties around the Midway area. ... More >>
18 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 3:16:00 PM CDT September 30, 2020 in News
MARSHALL- Marshall Public Schools went remote Wednesday, after Superintendent Dr. Carol Maher met with her team and decided COVID-19 numbers... More >>
19 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 1:42:00 PM CDT September 30, 2020 in News
NASHVILLE (AP) — The NFL says the Pittsburgh-Tennessee game originally scheduled for Sunday will be played either Monday or Tuesday... More >>
20 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 12:26:34 PM CDT September 30, 2020 in Sports
(CNN) -- After a five-month battle with leukemia, the first known person to be cured of HIV has died of... More >>
21 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 11:49:00 AM CDT September 30, 2020 in News
CENTRALIA - The sweet smells of lavender and grass hang heavily over Jason Lockwood's workshop. Lockwood and his wife... More >>
21 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 11:30:00 AM CDT September 30, 2020 in News
SEDALIA - Pettis County Clerk Nick La Strada confirmed that at least 1,200 blank absentee ballots were reported missing Wednesday... More >>
23 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 9:48:00 AM CDT September 30, 2020 in News
(CNN) -- The global pandemic has stress levels running high these days. "One of the first things on everyone's... More >>
23 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 9:44:00 AM CDT September 30, 2020 in A Brighter Tomorrow
Columbia, MO
Broken Clouds 52°
10am 56°
11am 58°
12pm 60°
1pm 61°