Restaurant Industry Alert

Restaurant Industry Alert

SBA’s Pandemic Relief Fund for Restaurants Deluged with applications.  The $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan, has received more than 266,000 applications, requesting more than $65 billion in funds as of May 12, the U.S. Small Business Administration says.  Nearly half, or 147,000 applications, came directly from…

Restaurant Industry Alert

Restaurant Industry Alert

SBA: Restaurant Revitalization Fund Relief will start arriving today.  Long-awaited federal help for the nation’s restaurants will begin arriving as early as today, according to the U.S. Small Business Administration (SBA).  As part of the first round of funding for the Restaurant Revitalization Fund (RRF), established by the American Rescue Plan and signed into law…

Restaurant Industry Alert

Restaurant Industry Alert

COVID-19 Restrictions Eased On many fronts.  Taking cues from neighboring states like New York and Connecticut, Gov. Phil Murphy announced today the easing of COVID-19 pandemic restrictions on New Jersey businesses, gatherings and venues, given the state’s significant progress in vaccinations and sustained reduction in COVID-19 cases and hospitalizations.  The reopening steps, which will begin May 19,…