Denver Post: 30% Of Colorado SMBs Couldn't Pay January Rent

Posted by:

Robert Mason

Highly recommended
University Karate Center
13 Questions answered
Answered on July 13th, 2021


My business, like many others, does not qualify as a "small business". Businesses like mine are what folk think of as "small businesses", but mine is a "micro-business" like many who only have one "full time" employee and gross less than $250,000 annually. I rented 3,000 square feet of space, had been in business over 40 years, and often had several part time employees and sub contractors working with me. The covid 19 assistance from the government was not for businesses like mine. It was for "small businesses" like the 6 owned by my landlord. Each of his companies has several full time employees and makes more than $250,000 a year, but less than $40,000,000, which is the cutoff point recognized by the SBA. He could negotiate with his bank regarding his morgage payments, but he would not negotiate with me regarding my rent. I successfully moved, downsized and survived, but people assume I got some government help via the SBA. Micro businesses like mine got none at all. I could not even claim unemployment benefits while I was closed by the State for nine weeks because, after all, I own a corporation.


1 Reply

This is so well said. My company in the same. Its our business that need it the most. The richer keep getting richer. Nothing has changed. 

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