INSTALL Contractor Smith Flooring Hosts Presidential Tour
On March 16, INSTALL contractor Smith Flooring Inc. in Chester, Pennsylvania, hosted the new administration’s “Help is Here” Tour, designed to showcase how the $1.9 trillion coronavirus relief package will work to positively impact small and minority-owned businesses.
President Biden met with Kristin Smith, co-owner and president of Smith Flooring and James Smith, co-owner and vice president of Smith Flooring to discuss how the relief package—including the Paycheck Protection Program (PPP)—helps millions of Americans and family-owned commercial flooring contractors maintain operations. Like many other flooring contractor businesses, Smith Flooring saw revenue decrease by 20% at the height of the pandemic. Once they applied for the PPP loan, they were able to retain their journeymen and upgrade technology to increase business efficiency.