A $2.3 million loan enables Seattle Opera to rehire 180
mainA $2.3 million loan under the federal Payroll Protection Program (PPP) has enabled Seattle Opera to rehire most of the people who had been scheduled to work on La bohème including orchestra, chorus, stage management, stage crew—plus wardrobe, costumes, hair and makeup crew.
‘We expect to bring approximately 180 individuals back on the payroll for a finite period of time thanks to the PPP (Payroll Protection Plan),’ said General Director Christina Scheppelmann.’I am very pleased Seattle Opera received this loan which will go as intended to our employees. These are unprecedented and uncertain times for all. We are looking forward to the return of live events at the Opera Center and McCaw Hall once it is safe to do so. We also look forward to being part of the recovery and healing of our community. But the health and safety of our workforce and customers remains our top priority.’
Brava, Frau Scheppelmann!
She was a horror in San Francisco. How is she running another American opera company?
Well done!
Although this is indeed called a loan, because the Seattle Opera is using it to pay salaries, it won’t have to be paid back. In that sense, it is more of a grant.
Even better.
I suppose the feds have to call it a loan until the company can show that they actually did use it to pay salaries, and only then can they forgive it.
Do not sign your house under that loan, they can take it away if you don’t pay, because you’re not able to earn.
The General Director’s emphasis on utilizing the loan to benefit the employees underscores the crucial role such financial aid plays in preserving jobs and sustaining livelihoods. It’s reassuring that amidst challenges, organizations prioritize the well-being of their workforce and the community.
Moreover, the accessibility of such financial support is noteworthy. The ability to secure loans like this https://triceloans.com/sofi-review/ , even via mobile platforms, offers avenues for individuals to contribute positively on a smaller scale. For instance, taking a modest amount to assist a family member, like aiding a grandfather in need, showcases how these resources can extend beyond institutions, benefiting individuals in personal, meaningful ways.
This illustrates the dual impact of such loans—supporting larger entities like the Seattle Opera while also empowering individuals to make a difference in their immediate circles. It’s a testament to how financial aid, when utilized thoughtfully, can create ripples of positive change, both in the arts community and in personal acts of kindness.