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No funds from the Restaurant Revitalization Fund? Maybe there will be a 2nd round

In the original Restaurant Revitalization Fund (RRF), there were $28 billions available and the program run out of funds pretty quickly. Applicants within the priority group received approximately $18 billion in grants; including $7.5 billion for women-owned businesses, $1 billion for veteran-owned businesses, $6.7 billion for social and economically disadvantaged-owned businesses and $2.8 billion for

Congress considering a second round of PPP

Congress is considering a second round of PPP for hard-hit businesses, which probably is directed to retail, restaurant, tourism, events, etc. Based on the article (link below), this second round would be structured in the following way: About $190 billion worth of PPP funding would be made available to business owners with 300 employees or fewer

By |2025-01-07T09:19:30+00:00July 28th, 2020|Categories: Business|Tags: , , , |
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