Aurora's Comedy Shrine theater might shut down after small business loan dispute

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Business was booming before the pandemic, enough to move to a 14,000-square-foot venue with two theaters and a comedy museum in 2019.

– Live events are back in full force after a pandemic hiatus. Venues are no longer bleeding red.

From a ringing phone to a chiming clock, David Sinker made light of interruptions to his interview with CBS 2 about his darkest times. The owner of the Comedy Shrine Theater in Aurora is on the verge of bankruptcy.Business was booming before the pandemic, enough for Sinker to move to a 14,000-square-foot venue with two theaters and a comedy museum in 2019.SBA as in the Small Business Administration, a federal agency meant to aid entrepreneurs.

CBS 2 was told that SBA loans generally can be considered to be"in default" if a payment is missed, if a company declares bankruptcy or if a business closes.

 

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