INDIANAPOLIS – Shoefly Public House, a restaurant on Indianapolis’ north side, has permanently closed due to financial uncertainty brought on by the COVID-19 pandemic.
A Facebook post states management will be able to cover payroll and their vendors, but not much else.
“This is a rough business in general & the fact that we made it as long as we did is a credit to our great staff & guests - Thank you so much for that,” the post states.
It also details from of the financial challenges management dealt with because of COVID-19.
The post says the restaurant was able to get a Paycheck Protection Program loan, which helped keep it afloat.
“But when the pandemic happened we made a decision that we would not take on more debt without knowing when business would return to normal levels,” the post states. “As the PPP money ran out the summer came & you kept our patio full.”
The post states they decided to close as “there is no further relief in sight and we don’t want to risk not being able to pay our staff and/or vendors.”