Continue to Site >>>

government

Financing

Feds start crackdown on PPP fraud

 By Peter Romeo on May 07, 2020

A restaurateur has already been arrested. The Justice Department has vowed to pursue more abusers of the system.

Beverage

Michigan restaurants get a liquor advance

 By Peter Romeo on May 05, 2020

The state has repurchased alcohol inventories but is allowing licensed establishments to sell the supplies and pay for them later.

Operations

Restaurants feel the refusal to follow COVID-19 safety rules

By Peter Romeo on May 04, 2020

An Oklahoma town had to drop a mask requirement after restaurant employees were threatened. Meanwhile, more places in California got an illegal OK to reopen.

Financing

Little-known relief measure brings chains millions in aid

By Peter Romeo on Apr. 22, 2020

A change in depreciation schedules has entitled Chuy’s to a $3 million tax refund. Chipotle will also be a beneficiary.

Financing

Restaurants say the PPP needs more than just additional funds

By Peter Romeo on Apr. 17, 2020

Operators say the process was an ordeal, and the terms may yield less assistance than was intended.

Financing

Federal relief loan programs run out of money

By Peter Romeo on Apr. 16, 2020

The SBA says it has stopped accepting PPP applications. Restaurants that applied for the agency’s other COVID-19-related relief loans will be processed on a first-come, first-served basis.

Leadership

Restaurant operators get multiple seats on Trump’s reopening panel

By Peter Romeo on Apr. 15, 2020

Nearly two dozen industry representatives, from chain CEOs to owner-operators and suppliers, will serve as a sounding board.

Financing

While small operations struggle, chains land PPP loans

By Peter Romeo on Apr. 15, 2020

The relief funds have flowed to operations such as Ruth’s Chris and Potbelly.

Leadership

N.Y. restaurant groups join coalition pushing for more government aid

By Peter Romeo on Apr. 13, 2020

The 12 participating associations and trade groups are pushing for four specific forms of relief.

Financing

Restaurants give Congress a new aid wish list

By Peter Romeo on Apr. 10, 2020

Changes are needed in the current programs to avoid further devastation of the industry, the National Restaurant Association told congressional leaders. Those adjustments would be in addition to billions more in aid.

  • Page 58