Movie Theater Owners Face Confusion, Delays Seeking Federal Stimulus Loans

”I honestly don’t know what our situation will be like next month, let alone if we are still closed through July or August,“ theater owner Adam Bergeron tells TheWrap

Many independent theater owners are complaining that promised federal financial relief has been hamstrung a haphazard rollout and a banking system that has never taken on a loan program of its scale.

While billions in federal stimulus for small business owners was met with cheers by a movie theater industry shut down by the coronavirus pandemic, multiple owners told TheWrap that even applying for the loan has been a difficult process.

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Jeremy Fuster

Box Office Reporter • jeremy.fuster@thewrap.com • Twitter: @jeremyfuster