L.A. Lakers qualified for an emergency PPP loan — why didn't nonprofits?

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L.A. Lakers qualified for an emergency PPP loan — why didn't nonprofits?
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Not only are nonprofits being skipped over by coronavirus-related aid, they have had to cancel valuable fundraising events because of social distancing lockdowns.

"Over the last month, we've put out close to $700,000 in COVID-related expenses, including protective gear, extra staffing, diapers, supplies for families quarantining with us," Hameline said.

There's also heavier reliance on the services Help USA provides, such as its food pantry, as more adults and children are out of work and school. Costs that might be offset by a workplace or a school are being placed on the organization and its shelters. For instance, Help USA had to buy mobile Wi-Fi devices to make sure the students in its shelters can keep up with virtual instruction while schools are closed.

"We've expended approximately $1 million in this very short period of time," CEO Joanne Oplustil said. Not only are nonprofits being skipped over by coronavirus-related aid; they've also had to cancel valuable fundraising events because of social distancing lockdowns. Some groups have become creative and turned to other foundations for assistance, but that's only a temporary fix.Henry Street Settlement CEO David Garza was recently able to secure an additional $1 million, but increased costs due to the pandemic have pushed ongoing expenditures well over that amount.

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