Well, ultimately, they are competing with private equity groups. I
predict that the private equity groups will win.
> From: Noelle <noelle>
> Date: Sat, 6 Sep 2025 08:07:41 -0700 (PDT)
>
> now Spread is closing!
> commenter on SJ Spotlight pointed out
>
> Some redditors did some basic digging. Two things stand out if true:
>
> 1. The Triggs applied for, and had over $1.6 million dollars of PPP
> loans forgiven.
>
> 2. SJPermits shows no permit applications flat denied. A few expired
> which means an extension wasn�t filed on time.
>
> Not giving an opinion one way or another, just sharing what�s been
> written on Reddit. Source:
> https://www.reddit.com/r/where-I-live/s/xTjrYMTBqP
>
> (like I told you before, I think they were overextended, also
> another commenter wrote that the Triggs should have known the former
> Cielito Lindo building was historic. Also Laura Winter felt the way
> they ran Beerwalks was shady in that they didn't give
> enough to the charity they were supposed to be for).