Restaurant Industry Alert
Biden Proposes to Raise Long Capital Gains Rate from 20% Up To 39.6%
Biden Proposes to Raise Long Capital Gains Rate from 20% Up To 39.6%
How the Restaurant Revitalization Fund Let Restaurants Down
Restaurant Revitalization Fund is Now Closed But you can still check status of your application. The Restaurant Revitalization Fund program, which provided more than $28 million of economic aid to restaurants and other establishments struggling to make ends meet as a result of the COVID-19 pandemic, was closed Friday, the U.S. Small Business Administration announced. …
SBA Remains Silent On Restaurant Revitalization Fund confusion. Some recently rescinded applicants received the promised funds in their bank accounts the next day, while others were told that their application is now being completely rejected. The U.S. Small Business Administration still has not directly commented on the widely varying issues restaurant operators are experiencing in…
NJ Package of Legislation to Provide $235M In small business relief. As New Jersey continues to recover from the ravages of the COVID-19 pandemic, Governor Phil Murphy today signed five bills – A5704, A5705, A5706, A5707, and A5709 – which provide additional aid to small businesses that continue to suffer from the economic effects of…
Congress Introduces $60 Billion Replenishment Of the Restaurant Revitalization Fund. Congress introduced legislation Thursday to replenish the Restaurant Revitalization Fund with a $60 billion second round of restaurant relief, after the U.S. Small Business Administration received requests for more than triple the allocated funds the first time around. The Restaurant Revitalization Fund Replenishment Act of…
The sixth interview of the series revival checks in with restaurateur and partner of the Salt Creek Grill restaurants, Steve Bidgood.
Another $235M Could Be Coming to N.J. Small businesses, restaurants crushed by COVID. Another round of grants could be headed to New Jersey’s small businesses, nonprofits and childcare centers, as a package of six bills heads to the governor’s desk. The state Senate passed the $235 million in grants, aiming to help businesses suffering from…