Masked visitors view art at El Museo del Barrio’s Estamos Bien exhibit. The museo has reopened but at limited capacity.
Michael Palma Mir
When the Paycheck Protection Program ran out of funding the first week of May – weeks ahead of its May 31 deadline – it was a huge surprise to the staff of El Museo del Barrio in New York.
The Latino cultural institution in upper Manhattan was counting on a second-draw loan from the program to recover from the serious impact of the pandemic, which closed the museum for months and meant it had to cancel two major fundraising galas.
“It brings about a lot of questions for how we will end our fiscal year,” said Ana Chireno, the museum’s director of government and community affairs. “We will have to go back to the drawing board at some point.”
El Museo del Barrio first applied for a second PPP loan in March after crunching the numbers and deciding that it was a good fit for that program, instead of the…