Restaurant Industry Alert

Restaurant Industry Alert

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. …

Restaurant Industry Alert

Restaurant Industry Alert

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  Some recently rescinded applicants received the promised funds in their bank accounts the next day, while others were told that their application is now being completely rejected.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…

Restaurant Industry Alert

Restaurant Industry Alert

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…