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The Rebound: COVID-19 Keychains and SBA Loans

Posted at 7:41 PM, May 18, 2020
and last updated 2020-05-18 21:41:34-04

You could say that Linda Lindeman’s business functions like the proverbial "canary in a coal mine."

NAAG Tag specializes selling business support items like name tags, recognition plaques.

As Lindeman says, “our business comes from other businesses.

NAAG Tag has been around for five decades and has seen consistent growth, but since coronavirus forced businesses around the world to close, their sales are down 90%.

Lindeman has been able to keep her ten employees on the payroll thanks to the Federal Payroll Protection Program, and a little adaptability.

She’s currently selling a line a line of coronavirus-inspired ornaments and key chains for as low as $1.80 a piece online at https://www.naagtag.com/

NAAG Tag has also applied for an Economic Injury Disaster Loan from the Small Business Administration.

The loan was formerly used primarily for companies recovering from natural disasters like fires and floods, but Zions Bank’s Chief Economist Robert Spendlove says more small business owners should be consider applying for assistance, directly through the Small Business Administration: https://covid19relief.sba.gov/#/

FOX 13 wants to help Utahns get back to work, make ends meet and manage the pressure of the coronavirus crisis through personal stories and practical information. Visit The Rebound home page for complete coverage