Kansas City-area restaurants can apply for federal funds to help stay in business
Last year, 110,000 restaurants closed in the U.S. Share Updated: 10:06 PM CDT May 4, 2021
Last year, 110,000 restaurants closed in the U.S. Share Updated: 10:06 PM CDT May 4, 2021
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Show Transcript IT COULD MEAN FOR ONE RESTAURANT OWNER. THIS RESTAURANT HAS BEEN SEE SERVING MEALS FOR 58 YEARS. 2019 WAS THEIR BEST, THAN THE IT WAS AN EYE-OPENER TO SEE THE BRAKES GO ON THAT FAST AND THINGS CHANGE THAT FAST. EVEN WITH PAYCHECK PROTECTION HELP, THEY LOST $660,000. THEY CONSIDER THEMSELVES LUCKY. WE ARE ONE LITTLE OPERATION. LAST YEAR 110,000 RESTAURANTS CLOSED THEIR DOORS IN THE U.S. THE MARGINAL ONES ARE STILL STRUGGLING IN CLOSING BY THE DAY. THIS RELIEF IS NEEDED FOR THIS INDUSTRY. RESTAURANT REVITALIZATION OFFERS $26 BILLION IN GRANTS, BRINGING SALES UP TO PRE-PANDEMIC LEVELS. A $5 MILLION CAP PER LOCATION, BUT FINANCIALLY IT’S AS IF