A little more than a month ago, one of the strongest tornadoes on record ripped apart the the town of Moore, Okla. Small business owner Gaydawn Magee witnessed the destruction firsthand. Her office, Ideal Hearing Solutions, was destroyed in by the twister.
Immediately after the tornado, Magee vowed that she would rebuild. One month on, she says she has applied for a small business disaster loan and a loan from the Small Business Association, but Ideal Hearing Solutions didn’t qualify.
“I’ve been completely out of luck in being able to reopen my office,” Magee says.
Plus, Magee is now looking to sell her home.
“When I made really good money, I had a big house and all the stuff that goes with that,” she says. “And when I don’t make really good money, all that stuff has to go away.”
And even though she’ll be in search of a new job, she remains optimistic.
“You know, at one point not too long ago, I had a conversation with my mom that if I lost everything and my kids were okay, then that would be fine by me,” Magee says. “And every now and then I think: You have to put your money where your mouth is.”
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
You make our
Support nonprofit news you love with a gift today.