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Company helping businesses get loans during COVID-19

Posted at 11:27 PM, Apr 27, 2020
and last updated 2020-04-27 23:27:39-04

The finest two words in the English language are, “it's payday”, but frustration has brought out foul language over not being able to meet payroll.

Perhaps you should meet George and Kathy Heidelmaier. They own 'It’s Payday' in Forest Hill.

They do the paper work. They fight the red tape. All to get you the platform of the PPP. The Payroll Protection Program.

George told us he has 600 companies, anywhere from one to 200 employees. Out of that 600, half are closed due to COVID-19. He worries half of the half will never come back.

Dr. Mary Teddy Wray owns Laurel Bush Dentistry in Bel Air. In order for her to approach her bank, she had to come up with 12 to 18 months of paper work, stubs etc.

She ended up with a whopping 300 pages. How in the world? So she went to It’s Payday and they broke it down into 35 pages in a half an hour.

Time saved her business and she landed the loan! George and Kathy say they are not the ones saving small businesses, owners are because they know what they need to do to keep their business alive.

Maybe in the month of May, we will see a payday again.