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Seafood restaurant stays afloat despite hurricane's damage.

Publication: San Diego Business Journal
Publication Date: 25-APR-05
Format: Online - approximately 871 words
Delivery: Immediate Online Access
Full Article Title: Seafood restaurant stays afloat despite hurricane's damage.(DISASTER ASSISTANCE)

Article Excerpt
Hurricane Isabel dumped 2 feet of water in the dining room of The Fish Market, a restaurant in the historic Old Town area of Alexandria, Va.

"We lost computers, chairs, T-shirts, all the inventory downstairs. The reservation book went, so we didn't know who was coming or when," said Glenda Giovannoni, one of the restaurant's principals.

Having a flood force a temporary closure along with costly repairs could deliver a fatal blow to many restaurants.

But within a couple of days, passers-by could read a placard declaring, "The Fish Market Will Open Tuesday! Nice Try Isabel!"

A key to its recovery was a $250,000 federal emergency disaster assistance loan.

The Fish Market was just one of 8,200 recipients of a total of $234 million in low-interest loans made by...

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