How could help repaying the CEBA Loan help you & your business?

HOW COULD HELP REPAYING THE CEBA LOAN HELP YOU & YOUR BUSINESS?

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"This money would truly help myself and my buisness. When covid shut us down and there was no income we tried to sell gift cards, products anything to try help us out but that wasn't enough so then we relied on credit cards, the little bit of covid money etc to make it. Trying to get back on our feet has been so difficult, product prices , trying not to gouge people with higher prices on hair services etc. It just has been such a struggle to keep the doors open. So this money would truly be a blessing not only to Me but the whole salon industry."

Shape it salon

"This money would truly help myself and my buisness. When covid shut us down and there was no income we tried to sell gift cards, products anything to try help us out but that wasn't enough so then we relied on credit cards, the little bit of covid money etc to make it. Trying to get back on our feet has been so difficult, product prices , trying not to gouge people with higher prices on hair services etc. It just has been such a struggle to keep the doors open. So this money would truly be a blessing not only to Me but the whole salon industry."

Shape it salon

"Help find staff to pay and maintain business with inventory needed for supplies. Not using my own personal cards to help with business finance."

Salon Allure Spa

"Is been a struggle trying to save to pay the loan. I will be able to pay some and the rest have to put it on my line of credit.

I don’t think is fair when the government is helping everyone in Ukraine, etc. and we Canadians need help and we don’t get it."

Cristal Beauty Salon

"We are an industry that has suffered immensely during Covid.

Repeatedly shut down at lengthy periods.

We have lost some clients and staff along the way. Some have left the industry and some have chosen to work from home and work independently and were able to work through Covid with no restrictions.

Unfortunately brick and mortar salons were not so lucky were shut down for two years on and off and had very strict protocols to follow. The stress of not knowing if we could continue has caused sleep disorders and mental health issues.

We had to ensure the safety of our clients and had to work under strict guidelines very few clients and one time 25% capacity per day and rotating shifts so very few people were together at any given time.

We had and still have many expenses.

  • rent
  • insurance
  • products
  • Utilities
  • taxes
  • marketing /social media
  • education

All of which have increased in price.

I ask you to please reconsider the repayment of the loan for some of us it might be the end of our business and lively hood/ bankruptcy.

Please reconsider.

Thank you for your time."

Stileh Salon and Spa

"It will definitely relieve some financial stress from government expenses and bills."

STUDIO H Artist Group

"Our College has acquired substantial debt over the last three years. We are not in a financial position to repay the CEBA loan by December 2023. As the deadline approaches, it becomes more and more concerning. Our student enrollment was down by 70% through the pandemic. Enrollment is now back up. However, we have had to use most of our income to pay off other loans and debt that we borrowed to get us through the hard times.

I appreciate your consideration."

Avant-Garde College

"I am struggling to pay back the ceba loan and I have one employee who will lose her livelihood if I can't get this caught up.

I've been in business for 9 years and building well until covid hit. I kept holding on as did so many others during the lockdowns.

I am not sure how much longer I can stay in business if I have to pay interest on this being taxed on the loan and now having to get it ultimately paid off as well as keep the salon running. It seems Impossible.

The full clientele has just finally come back consistently. Any help would be appreciated. Assistance will possibly save my business."

Sugar'd Bare

"This will help us climb out of Covid debt. It has been such a struggle trying to get ahead since all the closures we had to endure."

Shear Image Salon Beautique Inc.

"I still haven’t been able to recover any savings from Pre covid. Money is week to week just like starting a new business all over again. This will help to be able to repay the loans from covid and help to get back to saving again."

Revive Salon and Spa

"It will help pay back the loan."

Michaels Hair Design

"We need all the help we can get. This will help us through these difficult times."

Acqua Salon Corp.

"I have been struggling since the reopening to get back up on my feet. It is awful."

Cutting Edge

"It will help me keep my doors open! I really appreciate it ."

Alsbarbershop

"It works to help me pay the loan."

Salon Image

"This would be a huge impact on me if this ceba loan was extended a few years. It’s been a struggle since we’ve been back to work full time after Covid."

Studio of Hair Design

"It’ll help pay off the debt we are carying from the CERB loan."

Valentini Hair Design Ltd

"Help me financially as we are still suffering losses post-pandemic. Rebuilding clientele in a salon space is harder when there’s many offering home services now."

JJ Hairstylist Skin Care & Laser Centre

"Any help would be beneficial to me. I took over ownership of my salon in January 2020, then the pandemic hit. Between the loans to purchase the business, the impacts of the pandemic and the staffing shortages, it's been an incredibly difficult and stressful 3 years. I love this industry and the way we all support each other. Thanks so much for this opportunity to get help!"

Patrick's Haircare & Esthetics Inc.

"It would take a lot of pressure off of having to pay back the loan and potentially not being able to pay it back at all and having it going into a loan would really negatively impact my business."

Luna Hair Salon

"We are scrambling right now to get enough funds to pay back the 60k loan in time so we can take advantage of the forgivable 20k. Help with this loan will give us enough funds to keep our employees and apprentices training with us. We offer a really great and free education program to aspiring stylists and apprentices and we thrive on empowering our team. We won't be able to keep our apprentices employed and continue to offer the free education if we have to pay back the entire loan. Educating and inspiring our new talent is extremely important to us and fills our cup in many ways. It keeps our senior staff motivated and inspired to pass down the education. It's extremely expensive to keep up with classes and the education is the core that keeps us going."

Salon Sara Lina

"Of course every little bit will help. As we are all stressed to the max."

Thairapy Beauty Bar

"It will be a major help. The recovery costs after Covid have been huge and I also dealt with a flood in my salon after the lockdown due to a neighbouring business’ hot water tank bursting that shut us down for a period of time. The inflation since Covid has made it extremely difficult to try to pay back the loan so this would be huge."

Hunt & Gather Hair Company

"Receiving financial support to cover the business loan obtained during the COVID-19 pandemic would provide a crucial lifeline for my small business. The relief offered by these funds would alleviate the immediate financial strain and allow us to redirect resources towards essential operational needs, employee retention, and strategic growth initiatives. This assistance would not only ease the burden of debt but also empower us to invest in innovation, adapt to evolving market dynamics, and ensure the long-term sustainability and success of our business."

Salon 360

"The help that I will get will help me continue my journey in the hair Salon business,and provide me with support to avoid closing down."

Lamoda Hair Studio

"I recently sold my salon and I didn't break even through the pandemic. I was lucky enough to sell, but my account is in a defecit once I pay it back, as I have had to pay taxes, payroll deductions and hit with what is left over. I have no funds left once I pay it back."

Beauty on Bank

"The Beauty industry was one of the hardest hit industries amongst the Covid affected. This would help relieve the pressure of the financial hardship we are all in."

Antica Barbershop

"Because of covid we have had to take out multiple loans to cover all our costs. We have lost multiple staff who moved to other industries all together. There is a shortage of experienced stylist who want to change work places especially in small towns across Ontario and I’m sure Canada. Having help to pay off at least this loan would give us some relief to continue getting out of such a large hole. Thank you."

Salon Estilo Inc

"My shop was moved in Jan, but unfortunately I got Informed on the day I moved the new location wasn’t ready, I’m stuck in a bad situation now because the landlord was running out of money to build the building."

Captured Image Salon

"Like many other salons, we're nowhere close to recovering from the pandemic and our revenue is down 40%. Also, since Salon had to close for an extended period, some stylists set up shops in their homes, so not only we lost talented employees, but we also lost the clients they were servicing. Currently, we're hardly making ends meet and in no position to pay back the $40k loan by the end of December, so we'll be on the hook for $60,000 to pay back with high interest!

This ABA Canada's initiative will undoubtedly be a great help to remove the pressure and stress we're feeling."

Blume Beauty Lounge

"I’m hoping to get financial support for my CEBA loan repayment. Things haven’t been easy in the beauty industry since the pandemic. We’re struggling to keep and save our business."

Lydia Beauty Salon and Supply Inc.

"As stated, although we are inching closer to our pre-pandemic numbers, everything has gone up in price, utilities, products, wages. So it seems that the harder we work the more behind we get. As the deadline looms, dread creeps in. The debt that kept us afloat threatens to sink us. Any aid will assist in shoring us up both financially and emotionally."

Rapunzel

"This will help us to keep our doors open."

Hair Metrix

"We will have great music to enjoy and less stress paying back the CEBA Business loan."

Bellezza Beauty Salon

"It will help keep us open. It has been a very stressfull time since reopening. Covid has really impacted the hair industry in a negative way."

Hils Hair Centre

"I am a small business, I am alone, I don't have any other partner and i am struggling to build a clientele.

You really can help me ."

Silva Beauty Bar

"It would be amazing to have help with this huge debt. Its very worrisome to know that the deadline is coming and I'm still struggling with everyday bills etc... Business is not up to where it was before being closed for months at a time .I'm also finding that its taking a little longer to rebuild because people are hesitant to colour their hair and settling for cuts. Any help would be greatly appreciated."

Hairlines Family Haircare

"It would really be helpful to my business, we never got help from our Landlord re them Applying to govt assistance for
the tenants, they refused us.

Very dishearten when we have been amazing tenants for 35 years and plaza had no mortgage. Therefore it has been a
real struggle trying to catch and issue with employees leaving and no one is applying. I am not sure how with these
conditions how much longer l can remain open? So if we can get some support it would be so impactful to our business.
A kind Thank-you."

Hair Reflection

"This will help me be less In the hole (debt) and potential bankruptcy from the pandemic. I opened up my business 1 month before COVID lockdown which was a complete buildout which costed 250k, because of lock down and pandemic I have had to borrow another 140k to keep to business afloat and I am debating on folding and claiming bankruptcy because it’s not substantial ."

UrbanGlo Beauty Lounge

"Here in Ontario our shop was closed well over 10 months just a few short months after we opened. There’s no way we can afford to pay off this loan."

Abel’s on Queen Barbershop

"Any financial help will ease stress levals and that will benefit everything in everyway."

Osbourne Health Clinic

"Will greatly help me to pay back the debt from the Covid crisis and move us forward."

Hunt & Gather Hair Company

"Just like everyone else in the beauty industry getting a little help is better than no help. This is also a great opportunity even for the new owners that may need that extra cash flow to pay down the loan."

Bambu Salon and Spa

"Any help towards the CEBA loan would be incredibly beneficial for the future of my business. I needed that money like most and to pay it back by the end of this year is a real challenge. I need to invest in my business to bring it back post pandemic and this loan will set us back on achieving our goals."

Studio 44 Salon & Spa

"I was diagnosed with a rare and aggressive form of breast cancer in August of 2022 and this past year I was unable to work to help my business build enough funds to repay the loan, We are currently almost there, another 10k and we will be able to pick up where we left off."

Off The Hook Laser and Spa - Rouge Spas Inc

My salon is still seriously struggling there is no way at this point I could meet this deadline.

SG Hair Design

"It will really help. It's been though times."

Cristal Betty Salón & Spa

"It will relieve so much stress with this debt that is looming over my head. I started a home salon last year and am also paying that loan which is making it so much harder to pay of this debt from covid.

This could really help me pay the almost $20,000 debt I have for my taxes from covid grants. Last year I started a home based salon and am also paying off that debt making it hard to pay back my taxes. I am working so much in order to try to pay this off and this would help me so much!

Thank you for what you do for us stylists!" Xo

Melissa Liew, Stylist

"We’ve struggled to get back on track since the pandemic. With hiring new stylist and training them, plus I’ve had to take time off twice for 2 separate surgeries, paying back the loan has been very difficult."

Salon Origins

"We’ve struggled to get back on track since the pandemic. With hiring new stylist and training them, plus I’ve had to take time off twice for 2 separate surgeries, paying back the loan has been very difficult."

Mila Chic Hair Design

"It’s been a slow comeback since the lockdowns. We were forced to close when it didn’t make sense anymore. These funds will help give some relief to the financial challenges we have suffered since COVID."

The Green Hair Spa

"Following covid our salon is still impacted greatly from not only what happened but the change thats happened in the industry. I find its more difficult to find motivated talented staff, along with the fact that a lot of stylists went private either from home or a studio rental. It would kill me to have to close our doors due to a very unfortunate event that was completely out of anyones control! The staff i have are all so amazing and hard working and the thought of them not having a place to work upsets me beyond belief! Any help to get over the financial hurdles we have faced would be life changing and allow my staff and I to keep doing what we do best!"

Angles

"Omg don’t know we’re to start!

First of all, I’m so grateful we had the help but now we have taking up a lot of debt. I don’t think we will be able to recover from it for many years to come. Not only Covid closing our businesses for a total of 5 months but all the bills we had to pay with no income.

Being a single person with business bills and my household bills , let’s say it was overwhelming.

Ordering and restocking our favourite brands have gone up in price as well and seems to keep increasing almost monthly. It has me looking for new reasonable priced products.

I know I wasn’t the only person going through it and it was difficult for all small business.
This opportunity would help my business by taking the pressure off debt.

It’s a beautiful thing in our industry that we can celebrate and help each other .
Thank you so much !"

Esencia Salon and Spa Ltd.

"We’re all going to need this help once that loan is due. We were screwed over during the pandemic and now having to try to bounce back with such small profit margins due to inflation is just impossible. Thank you for this amazing idea!"

Strut Salon

"This money would truly help myself and my buisness. When covid shut us down and there was no income we tried to sell gift cards, products anything to try help us out but that wasn't enough so then we relied on credit cards, the little bit of covid money etc to make it. Trying to get back on our feet has been so difficult, product prices , trying not to gouge people with higher prices on hair services etc. It just has been such a struggle to keep the doors open. So this money would truly be a blessing not only to Me but the whole salon industry."

Shape it Salon

"Still recovering no money to pay the loan before December 31st 2023 and risk losing the 10K forgivenes."

Depalm Hairstyling

"We lost so much during covid and yes the CEBA loan was definitely a huge help to get us through the 17weeks total we were closed but there is no getting lost income and lost wages back and now with dead line coming its very overwhelming thinking how we are going to come up with the money to pay it back. it would take a lot of pressure off me as a business owner to try to come up with this money my staff and I already work as many hours as we can it would be so appreciated to relieve some of this stress covid has put us all through."

Luna Hair Salon

"It would help with the repayment of money the government is recalling from the pandemic."

Practically Perfect Esthetics

"Staffing has been incredibly difficult. We have not been able to grow, therefore the new debt will cause us to close down."

PurEnvi Eco-Spa

"I need assistance as much as all other small businesses do. Lockdown was rough. Incredibly so. The current economic situation is doubly harmful. Without support to pay CEBA, many, including myself, will lose livelihood, homes, cars—devastating creditability and the futures of the many millions of folks who have invested everything they had to retain dignity and autonomy. This is the worst possible outcome."

GoodBrandCool

"It will ensure I can keep all of my employees employed and continue my promise of education. My artists deserve everything, they've worked so hard!"

Salon Society Inc.

"So much stress off my plate. We were closed for 10 months and not able to return back to normal for so long even now isn’t normal with inflation. The Reno to reopen took a portion of that money as well as bills and other things we hustled to try to stay afloat. It really should be grandfathered this loan but I appreciate any help in making it easier to repay since it doesn’t seem they care. Thank you for doing this!

Fearless Vanity Inc

"After Covid, we need more time to recovery. Hopefully we can get more support from government from fund, tax and so on."

Fashiondo Beauty Supply Corp.

"Whatever help that can be given is helpful. We will not be able to pay back the loan to be eligible to have some of it forgiven."

CC Lash And Brow

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