We on the Board of Directors are hoping that all of you are managing, first of all, to remain safe and well through the current pandemic with which the entire world is contending. Likewise, we hope that your business is holding its own through these troubled times. If news that we have been hearing is any indication of the overall market, in a most ironic fashion, the pandemic has actually been a boost to new construction and service in the pool industry in particular.
Consumers seem to be reevaluating where they want to spend their disposable dollars and, instead of springing for that trip to Europe or an Alaskan cruise, many are deciding to put their money into their backyards. With mom and dad stuck at home and with the kids complaining of boredom as the summer approaches, the decision to have a swimming pool built makes all the sense in the world.
We're hoping that you are finding this phenomenon to be valid as it applies to your business here in the greater Houston metro area. If so, we're certain you'd agree that it is a most welcome silver lining to this otherwise very dark cloud. If you do need government assistance in helping to maintain your payroll and keep your employees working, hopefully you have taken advantage of the Payroll Protection Program as administered by the Small Business Administration. You can find out more about the PPP by visiting the SBA's COVID-19 landing page at this web address.
Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.