State Forty Eight clothing company stays upbeat amid coronavirus fallout
These shirts are part of the State Forty-Eight clothing line produced by Chandler residents, Nicholas Polando, Stephen Polando and Michael Spangenberg. (Photo: Weldon B. Johnson/The Republic)
Chandler clothing company State Forty Eight applied for the Paycheck Protection Program loan the first day they were made available. The government funding ran out before they were approved for the small-business loan, the company says.
But the apparel-line owners remain optimistic.
"We are making the best out of it and that's been the mindset for us," said Mike Spangenberg, the CEO and co-founder of State Forty Eight.
Spangenberg said the small-business loan process was "frustrating."
The company is trying to move forward and not "bank" on getting funds from the second round of small-business loan money passed by Congress and signed by President Trump on Friday.
Although retail store closures halted some business for State Forty Eight, the company continues to sell products online and hasn't laid off any of its 12 employees.
"Online we are up 130% year over year in online sales, so we are very grateful," Spangenberg said.
Without an end in sight for retail stores reopening, Spangenberg said the company applied for the PPP loan to ensure all team members stay employed during the coronavirus crisis.
The growing need for protective wear led the company to produce non-medical face masks to help support the community. A free branded mask is provided with every online order.
The company started off with 250 face masks, and soon made an order for 3,000 more due to the high demand.
Masks can also be purchased separately by emailing info@statefortyeight.com.
Founded in 2013 by Spangenberg and brothers Stephen and Nicholas Polando, the company sells their products at 14 retailers across the state, including Phoenix, Tempe, Chandler, Scottsdale, Payson and Laveen.
Contact the reporter at helena.wegner@arizonarepublic.com.
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