Glenda Felipe, a 2nd generation L.A. restaurateur and owner of Nanay Gloria’s Fast Food in Eagle Rock
The Central/West BusinessSource Center (BSC) helped Glenda Felipe, a 2nd generation restaurateur and owner of Nanay Gloria’s Fast Food, obtain financial assistance to keep her family’s restaurant afloat during COVID-19.

Glenda inherited the Filipino restaurant from her mother in 2004. As the restaurant’s popularity increased, Glenda expanded the business and opened two additional locations in North Hollywood and Riverside. Business was going well until the COVID-19 pandemic when the restaurant’s sales revenue declined by at least 25 percent.

For the safety of her staff and customers, Nanay Gloria’s Fast Food switched to take-out. Operations were difficult and she knew she needed help to survive. Longtime customer Redy Babasa-Thompson introduced Glenda to the Central/West BusinessSource Center, where he also works as a loan counselor. Redy had enjoyed the restaurant’s food for many years and knew Glenda’s mother.

Glenda connected with Redy on January 2021 for help with the Paycheck Protection Program (PPP). Redy analyzed the restaurant’s financial statements. He also reached out to Glenda’s bookkeeper and her daughter to help translate the documents.

Redy worked with Glenda for more than two months to ensure she was comfortable with the process and the program. In March 2021, Glenda was approved for a $60,000 loan through PACE Finance for the Paycheck Protection Program. With this capital injection, Glenda was able to save 11 jobs and keep her employees on the payroll.

Redy will continue working with Glenda and will share additional training opportunities and resources to grow her business. She said she is very thankful for the services offered by the Central West BusinessSource Center and all the help she received from Redy during this challenging time. The Central/West BusinessSource is operated by EWDD partner Pacific Asian Consortium in Employment (PACE).

Nanay Gloria’s Fast Food is located in LA City Council District 1 at 3756 W Ave 40 in Eagle Rock.

EWDD’s BusinessSource and WorkSource Centers offer a variety of Business Services, including several Financial Programs and Development Incentives for businesses of all sizes. Learn how EWDD can help.

This story is part of the EWDD UPDATES from the week of May 24, 2021. Read this issue and more.