Frisco restaurateur Bob Starekow got some devastating news last week. His federal Paycheck Protection Program loan came with unexpected strings. “My accountant informed me that due to the ‘income’ of the forgiveness portion of the PPP loan, I will owe $45,000 in taxes on phantom income,” Starekow, owner of Silverheels Bar & Grill and Kemosabe […]
Montanya Distillers
Posted inColoradans, Politics and Government
Black Lives Matter protests in Gunnison County showed people of color they have more allies than they realized
Sun slants through the buildings on Elk Avenue in Crested Butte, turning cottonwood fluff into floating sparkle. The surrounding hillsides glow green and rise up into red-hued peaks, some of which still hold bright, white snow. It’s a real-life snow globe scene, and Chloe Bowman stands at the center of it, suspended in the surreal. […]
Posted inBusiness, COVID, News, Politics and Government
Federal coronavirus loans slow as Colorado businesses wonder if they’ll actually be forgiven
The $49,000 small business loan was Linda Jones’ for the taking. But ultimately, the owner of Area Rent-Alls in Westminster abandoned the loan, which could have been forgiven if it was primarily used to pay employees. It certainly would have offset lost revenue as office and construction equipment rentals slowed during the coronavirus stay-at-home measures. […]
Posted inBusiness, Coloradans, Culture, News
This Colorado rum is a rare spirit 100% made by women — all the way down to the forklift drivers
CRESTED BUTTE — Spirits were running high recently at a nondescript building in an industrial park south of Crested Butte where a dozen women squeezed in between ton-sized bags of sugar and walls of oak barrels for what could only be called a working celebration. It had to do with rum. The women were bottling […]
Posted inBusiness, Education, Growth, News, Technology
Colorado’s newest billion-dollar B Corp is part of a movement to make a social impact — and profits
Fast-growing Guild Education figured out how to help more than 400,000 service workers take college classes — and get their employers to pay for them. It’s no wonder that investors have been drawn to the profitable-ish business model and a nearly unlimited number of potential users. Last week, investors led by General Catalyst managing director […]