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2:53 “72 % of Alaska food service jobs are from small businesses.” That’s Steven Brown, Director of the Alaska District Office for the Small Business Administration. He says the SBA assumes every one of those workers was affected in some way in the ongoing pandemic, and more likely in small businesses than corporations. “In good times, restaurant ownership is a difficult thing. It’s hard to have a cushion, a financial cushion in a restaurant, especially a mom and pop. And so, 30 days of no business or cash flow is devastating.” Brown’s office is getting ready to hand out some pandemic relief money to some of the food service industry – the thousands of restaurants in Alaska. The Restaurant Revitalization Fund came out of the American Rescue Plan Act and signed into law by President Joe Biden on March 11. It is a grant, not a loan, and does not need to be paid back. The smallest amount is $1,000, the largest is $5 million.

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