COVIDReliefGrant

Thousands of Restaurants Lose COVID-19 Relief They Were Promised as Revitalization Fund Allowed to Dry Up

Thousands of Restaurants Lose COVID-19 Relief They Were Promised as Revitalization Fund Allowed to Dry Up

By Kristen Hawley | FoodAndWine.Com Troy Warren for CNT Some business owners have seen their approved grants rescinded due to lawsuits and lack of additional action from Congress. The Restaurant Revitalization Fund has been depleted. As of June 30, the program had distributed all $28.6 billion to 105,000 restaurants, according to an email to business owners from the Small Business Administration (SBA). An online portal that served as an information and application hub for the program will close on July 14, leaving hundreds of thousands of restaurants out of the grant program. Thousands of others lost out on aid they were expecting thanks…
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