Pandemic-Ravaged Restaurants Can Soon Tap a $29B Grant Program
The $28.6 billion Restaurant Revitalization Fund is run by the Small Business Administration
Pandemic-ravaged restaurants can tap a new government grant program starting Monday, NBC News reports.
The $28.6 billion Restaurant Revitalization Fund, run by the Small Business Administration and authorized as part of the $1.9 trillion coronavirus relief package signed into law by President Joe Biden last month, will provide grants to the restaurant industry hit hard by pandemic.
Restaurant owners have had to struggle with pandemic shutdowns, an economic downturn, supply chain snarls, a slow return of customers and staff, and costs to implement new coronavirus mitigation measures and procedures.
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