Local business owner sees PPP change just in time for $200K loan

Local business owner sees PPP change just in time for $200K loan

By appealing to Ohio lawmakers in Washington, D.C., Troy Parker helped get the rule that denied him PPP funds changed.

NOW TO A FOLLOW UP ON A SMALLBUSINESS OWNER WHO COULDN'TAPPLY FOR THE FEDERAL PAYCHECKPROTECTION PROGRAM - OR"P-P-P" - BECAUSE OF HISCRIMINAL BACKGROUND.TWO MONTHSAGO WE INTRODUCED YOU TO TROYPARKER.SINCE THEN, THINGS HAVECHANGED.?IN OUR ONGOING SERIES, THEREBOUND, TO HELP YOU RECOVERFROM THE IMPACT OF THE ONGOINGPANDEMIC,,.

WCPO 9 NEWSREPORTER LISA SMITH UPDATES USON HOW PARKER'S PERSISTENCEHAS PAID OFF.?WHEN WE LAST TALKED TO TROYPARKER IN APRIL, HE WAS COPINGWITH THE IMPACT OF THECOVID-19 PANDEMIC.

DOZENS OFHIS WORKERS WERE LAID OFF ANDQUESTIONS ON THIS PPPAPPLICATION DIDN'T ALLOW SOMEWITH CRIMINAL BACKGROUNDS TOAPPLY-- LIKE HIM..??(TAKE SOT)?File: user lsmith 7-1 PPPUpdateClip: TroyParkeróPPPUpdate 7 1 20?Troy Parker,President & CEO/InnovativeLabor & Cleaning Services?1:32-37?"As you know I had abank fraud conviction but thatwas ten years ago."??(TAKE VO)?BUT, PARKER DOESN'T TAKE NOFOR AN ANSWER.

THAT'S HOWHE'S BUILT HIS COMPANY TO HAVETWO-POINT-TWO MILLION DOLLARSIN REVENUES LAST YEAR.

??(TAKESOT)?File: user lsmith 7-1 PPPUpdateClip: TroyParkeróPPPUpdate 7 1 20?Troy Parker,President & CEO/InnovativeLabor & Cleaning Services?5:21-28?"You have to bewilling to go tirelessly untilyou get what you're after inthe right way."??(TAKE VO)?HEREACHED OUT TO THE AFRICANAMERICAN CHAMBER, CONGRESSMANSTEVE CHABOT, SENATOR SHERRODBROWN AND SENATOR ROB PORTMAN.PORTMAN SENT THIS LETTER TOTREASURY SECRETARY STEVEMNUCHIN AND THE HEAD OF THESMALL BUSINESSADMINISTRATION.????SAYING--BUSINESS OWNERS WITH CRIMINALRECORDS WHO HAVE TURNED THEIRLIVES AROUND, SHOULDN'T BEDENIED.???THE APPLICATION WASCHANGED..

AND PARKER'SDENIAL..

BECAME AN APPROVAL.??(TAKE SOT)?File: user lsmith7-1 PPP UpdateClip:TroyParkeróPPPUpdate 7 1 20?Troy Parker, President &CEO/Innovative Labor &Cleaning Services?2:24-34?"Since the application haschanged, it went easilythrough the system so then wewere able to get the PPP whichshould be around $200,000."??(TAKE VO)?THE MONEY WILL HELPPARKER ACTUALLY EXPAND HISINNOVATIVE LABOR AND CLEANINGSERVICES BUSINESS..

WHICHMOSTLY EMPLOYS PEOPLERETURNING TO THE WORKFORCEFROM INCARCERATION OR DRUGABUSE.??(TAKE SOT)?File: userlsmith 7-1 PPP UpdateClip:TroyParkeróPPPUpdate 7 1 20?Troy Parker, President &CEO/Innovative Labor &Cleaning Services?4:23-27?"Soit's going to allow us tobring on more people, we'renow back up to 70 employees."??(TAKE VO)?PARKER SAYS IN HISCASE..

IT MADE A DIFFERENCEWORKING WITH A SMALLER BANK.HE SAYS IT ALSO HELPED THAT HENEVER GAVE UP.??(TAKE SOT)?6:25-35?"Just doing tinysteps.

I would make phonecalls, I would send emails.

Sosay persistent.

And, then overtime things will just alignfor you to get funding."??LSWCPO 9 NEWS?PARKER RECEIVED HIS APPROVALAND FUNDING DAYS BEFORE PPPEXPIRED.

CONGRESS HAS ALREADYPASSED ANOTHER EXTENSION.IT'S WAITING FOR THEPRESIDENT'S SIGNATURE.

YOU CANREAD MORE ABOUT THIS STORY ANDOTHER REBOUND STORIES ON OURWEBSITE..

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