NEW YORK -- Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out $28.6 billion in grants ¬— money to help these small businesses stay afloat while they wait for customers to return.
The grants, up to a maximum of $10 million, are aimed at replacing lost revenue at restaurant companies with up to 20 locations. Businesses with more than one restaurant can get up to $5 million per location, but each applicant is limited to a total of $10 million in funds. Restaurants will remain vulnerable as long as people are uneasy about contracting the virus, and as long as business and leisure travel remains depressed, says Sean Kennedy, an executive vice president at the restaurant association.
The money would help support the restaurant while Bradley waits for state officials to lift restrictions on capacity; currently restaurants can only have 60% of their usual number of customers and staffers. It would help defray costs that have risen sharply amid the pandemic — supplies as mundane as gloves for food preparation have doubled, even tripled in price. Freight House badly needs a new computer but Bradley has held off buying one, instead putting the money toward giving staffers raises.
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$15 a hour
This is inaccurate reporting. These restaurants and bars weren’t devistated by Covid-19, but rather, by their own government.
Thanks Dems.
We are now living in a country our Founding Fathers fought to escape.
No thanks to Republicans!! RepDonBacon
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