And new polling reveals a mixed reaction to the Biden administration's proposal to forgive $10,000 in student loan debt for those who make less than $150,000 a year.
$28.6B in stimulus aid for restaurants could run out ‘almost instantaneously,’ leaders say
Updated Apr 05, 2021;
Posted Apr 05, 2021
Restaurants across the nation can apply for Restaurant Revitalization Fund money starting later this month. J. Scott Park | MLive.com
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The $1.9 trillion federal stimulus package includes $28.6 billion just for restaurants, but officials expect demand to far outweigh supply, leaving many businesses without a chance at aid.
The grants will be distributed via the Small Business Administration – which hasn’t announced the exact date of when the application period will start. But industry leaders expect it to be in mid-to-late April, and a flood of applications within minutes is likely.