Insalata di Cavalo Estivo Kale, cherry tomatoes, corn, crispy shallots, avocado, pepper jack & chipotle vinaigrette. Insalata Tri Colore mixed greens, radicchio, endive, cherry tomato, shaved parmesan & balsamic vinaigrette Anyone looking to apply to this program should do so in advance of the official deadline because of the possibility that the money allocated to the PPP may run out weeks more.Rocket Salad baby arugula, grape tomatoes, beets, sliced apple, apple cider tarragon vinaigretteĬaesar Salad romaine lettuce, EVOO, oven roasted pumpkin seed & Caesar dressing The Paycheck Protection Program ( PPP) has a little more than a month before its May 31 cut-off. The SBA launched a new round of Economic Injury Disaster Loan (EIDL) assistance, called Supplemental Targeted Advances, on April 22, that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the Covid-19 pandemic. Other forms of assistance for small businesses. As the SBA builds and prepares to roll out the program, the dedicated SBA website for restaurants is the best source for up-to-date information for eligible restaurants interested in the RRF. The SBA has pledged to continue engaging with stakeholder communities to inform and design delivery of financial assistance programs. will bring needed resources and relief to these often underserved businesses to aid in stabilization, recovery and ultimately, strengthen our economy.” “In addition to historically having less operating liquidity and revenue than almost any other small business demographic, Black-owned restaurants received significantly less stimulus funding during the Covid-19 pandemic, heightening challenges and leading to disproportionate closures,” said Ron Busby, Sr., president and CEO, U.S. “It’s difficult to tread water for this long.”Ĭommunity business leaders from underserved communities also welcomed RRF assistance as much-needed economic relief and are working with their broad membership bases to navigate the grant application process. “The pressure on the restaurant business has been so prolonged,” Mortarulo said. Houdini Pizza Laboratory in Fanwood, New Jersey. Joe Mortarulo, who owns Darby Road Pub in Scotch Plains, NJ, and Houdini Pizza Laboratory in Fanwood, NJ, intends to apply for RRF funding and says it will be “massively helpful” to his businesses. It is clear the SBA and the Biden Administration care deeply about ensuring businesses struggling the most can quickly and effectively use this relief program, and we look forward to continued conversations and collaboration to ensure this fund works as intended for the independent restaurant and bar community.” “These guidelines were crafted by the SBA after conversations with restaurant and bar operators across the country. “Restaurants and bars are being served very good news,” said Erika Polmar, Executive Director of the Independent Restaurant Coalition. restaurateurs say their revenues are down 50% and that RRF funding will help them survive until people "are ready to go out again." John Mooney Sean Flannery and Frank Pascale, co-owners of Sheelen's Crossing in Fanwood, New Jersey. I don’t think we will be fully back until 2022.” Even if it’s only 10%, that’s your profit margin. “I believe some people are still fearful about going out. “This funding is absolutely necessary for the survival of many bar-restaurants,” says Sean Flannery, owner of Sheelen’s Crossing Pub & Bistro in suburban Fanwood, NJ. The program is the result of a comprehensive effort by the SBA and the Biden Administration to reach out to diverse stakeholders in order to understand the needs and barriers restaurants face in accessing emergency relief aid. (Following the 21-day period, all eligible applicants are encouraged to submit applications.) For the first 21 days that the program is open, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals. The official application launch date will be announced at a later date. Awardees will not be required to repay funds received under this Covid recovery program unless the funds were used for purposes other than for authorized purposes, if the funds were not used by March 11, 2023, or if applicable, the awardee permanently closed before using all funds on authorized purposes.
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