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Small Business Funding

Armory STL temporarily closed | ksdk.com [Video]

The developer needs an additional $7 million to $8 million to finish projects at Armory STL, the St. Louis Business Journal reports.

ST. LOUIS — Armory STL, a massive entertainment complex in Midtown St. Louis, will “temporarily close,” the venue announced on Facebook.

Leadership at the Armory, which billed itself as the biggest bar in St. Louis, is looking for more money to stay afloat.

The $60 million venue featured nearly six acres to play, eat and drink in its 205,000 square-foot space.

5 On Your Side learned about 100 employees were laid off.

The news came as a shock to some staff members, who were alerted in a text message the night prior.

This was the text received from a manager:

“Everyone, I apologize this is how we have to let you all know this information. As the newest manager I also apologize some of y’all haven’t met me. “Unfortunately upper management has informed us that we are closing the venue …

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Small Business Funding

Small Businesses, Big Future: AI-Powered Hookle App Fuels Sustainable Growth for 30 Million U.S. Micro-Businesses | PR Newswire [Video]

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