Texas businesses in need of COVID-19 relief bill to help cover pandemic debt
KTRK
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HOUSTON, Texas (KTRK) The Texas Restaurant Association is asking congress for more COVID-19 relief as more than 10,000 restaurants in the state have shut down due to the pandemic, and many more are in jeopardy as they brace for tougher months.
Michael Shine, owner of Frank s Americana Revival, said the restaurant s revenue is down more than 45% compared to last year. He said December is usually the make-or-break month for restaurant and retail stores. We re blessed, but we re still down, Shine said. We re in trouble no matter what because we are so desperately deep. You have restaurants down 40 to 50%, and in some cases $700,000 to $800,000 in decline in revenue.