
As Capitol Hill restaurants have stretched into the streets, many have also joined companies across the area to reach out for the federal PPP (Image: Oddfellows)
By Ben Adlin
Oddfellows has watched one hell of a year unfold from its historic building at 10th and Pine. After a record 2019, the pandemic brought an abrupt shutdown in March followed by a takeout-only reopening in May. After the police killing of George Floyd, Seattle’s ensuing Black Lives Matter protests — and the rise and fall of CHOP– unfolded more or less outside the cafe’s door.
Blocks away, at Broadway and Union, Optimism Brewing Company saw sales plummet 75% during the first year of the pandemic, said co-founder Gay Gilmore. “The good news is that things are looking up,” she told CHS: February’s revenue was only about 60% lower than the year before. The company doesn’t anticipate breaking even again until the end of the year.
Both businesses credit their survival, or at least the bulk of it, to loans received through the federal government’s $953 billion Paycheck Protection Program (PPP), meant to help businesses and other organizations continue to pay their workers during the pandemic.
For Oddfellows, “It made all the difference in the world,” said Adam Szafranski, brand manager for the cafe’s parent company. “We would not have been able to stay open without it.”
Very Oddfellows LLC was approved for more than $1.1 million in total PPP loans over the past year, according to public data. “There were a few grants we applied for that were offered by the city and different organizations,” Szafranski said, “but the amounts were minimal compared to the PPP.”
Optimism Brewing LLC, meanwhile, was approved for two loans totaling about $418,000. “Even if you count the PPP Loans as income, we are still down by 40% over the last year,” Gilmore said in an email. “We continue to operate at a loss every month, but if it wasn’t for the PPP we wouldn’t be able to pay our staff and we would most likely be closed.”
All told, the federal government approved more than $284 million to businesses based in Capitol Hill or adjacent neighborhoods from April 2020 through the end of February 2021, according to a database of approved PPP loans published by ProPublica. That amount comprises more than 2,600 loans made across three zip codes—98102, 98112, and 98122—that encompass Capitol Hill and its surroundings, stretching from Eastlake to Mt. Baker.
Heavy Restaurant Group, which operates six area restaurants, including Barrio on Capitol Hill, was approved for more total PPP loan money than any other recipient, at more than $6.9 million between two loans. The company did not respond to a request for comment.
Among the sectors most heavily represented on the list were restaurants and bars, schools, and professional services such as architecture, design, and software programming. A few local property management companies also made the list.
Thanks to the ProPublica PPP database, here’s a roster of the top recipients in the Capitol Hill and Central District area and a look at some of the stories behind the loans. Continue reading