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Yeah, AMC, Regal and Cinemark can't participate (they also couldn't participate with PPP. Smaller regional chains were the max for that) {nm}

Posted by: notfabio on Jul 16, 12:01 in response to Antibody's post Ok, it's a loan program for small businesses. Not...

For those interested in averting the demise of Cinema, here's something you can do to help. Sen. Bennet, Michael F. [D-CO] is sponsoring a PhoneHome Jul 16, 11:32

The link you sent is from NATO. {nm} Antibody Jul 16, 11:34

Yes, it's a letter in support of the Restart Act that the National Assoc of Theater Owners is supporting to help the industry. Link to Act: PhoneHome Jul 16, 11:38

Ok, it's a loan program for small businesses. Not theater specific, and probably not for the big corporate chains. {nm} Antibody Jul 16, 11:44

Yeah, AMC, Regal and Cinemark can't participate (they also couldn't participate with PPP. Smaller regional chains were the max for that) notfabio Jul 16, 12:01

There's a lot of chains with more than 500 employees that couldn't do PPP, but less than 5,000 that could do the Restart Act. {nm} PhoneHome Jul 16, 14:58

That's why NATO is pushing for it. They seem to be targeting the arts with this one. The big 3 have more financing resources. {nm} PhoneHome Jul 16, 15:00

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