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Despite three martini tax break, COVID-19 bill leaves struggling U S restaurants cold | WKZO | Everything Kalamazoo

Despite three martini tax break, COVID-19 bill leaves struggling U S restaurants cold | WKZO | Everything Kalamazoo
wkzo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wkzo.com Daily Mail and Mail on Sunday newspapers.

It feels like we re back to March : Restaurant owners say additional Covid-19 relief is not enough

It feels like we re back to March : Restaurant owners say additional Covid-19 relief is not enough CNBC 12/21/2020 Taylor Locke © Provided by CNBC Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. (Photo by Alexi Rosenfeld/Getty Images) For small businesses in need, the bill allotted $284 billion to reopen the Paycheck Protection Program (PPP) for forgivable loans, with hard-hit restaurants getting special provisions. With the new provision for restaurants, CNBC Make It spoke with two restaurant owners in New York City, where the industry was among the hardest-hitin the country.

The Restaurant Projects That Never Happened in This Pandemic Year

“The year has been a wash,” says Caleb Zigas, the executive director of La Cocina, the San Francisco-based kitchen incubator focused on uplifting immigrants and women of color. “It’s a garbage-ass year.” In March, La Cocina was poised to open the first food hall of its kind: In San Francisco’s Tenderloin neighborhood, it would showcase seven women-led La Cocina businesses. Called the La Cocina Municipal Marketplace, the project had been in the works for years; during the first week of the month, it celebrated its impending launch with a week of dinners featuring La Cocina entrepreneurs and local chefs, a celebration of women in food.

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