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It's crunch time: Restaurants need Covid support – and they need it now

It's crunch time: Restaurants need Covid support – and they need it now
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Efforts to advance racial equity baked in throughout Biden's budget

Efforts to advance racial equity baked in throughout Biden’s budget ....

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Billions legislated to save US restaurants starting to run out

Billions legislated to save US restaurants starting to run out
BLURB: 37% of operators say it is unlikely their restaurant would still be in business 6 months from Oct without additional govt relief packages
Published: 10:03 PM, May 14, 2021
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WASHINGTON: Restaurants and eating outlets desperate for a lifeline during Covid-19 swarmed to apply for a new government grant to help them pay for rent, utilities, supplies and payroll. In just 10 days, the Small Business Administration has received 266,000 applications asking for $65 billion in aid, more than twice the amount provided by Congress.
Industry lobbyists and activists, who spent a year begging Congress for help before lawmakers acted earlier this year, are already asking them to replenish the fund and keep local, well-loved restaurants afloat as the economy begins to recover. Joining their call is a bipartisan group of representati ....

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Restaurant survival hopes pick up as USD 28.6 billion in grants begin in US

Restaurant survival hopes pick up as USD 28.6 billion in grants begin in US
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Last Updated: May 03, 2021, 07:14 PM IST
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The grants, up to a maximum of $10 million, are aimed at replacing lost revenue at restaurant companies with up to 20 locations. Businesses with more than one restaurant can get up to $5 million per location, but each applicant is limited to a total of $10 million in funds.
AP
Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out $28.6 billion in grants money to help these small businesses stay afloat while they wait for customers to return. Laurie Thomas is applying for grants for her two San Francisco restaurants that have closed and reopened several times as coronavirus cases surged and declined; she s still at just 50% of capacity. Rose s Cafe and Terzo are operating at a loss but grant money will help them stay open. ....

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