Restaurant patrons are showing solidarity with the legacy of George Floyd and Black Lives Matter by supporting black business owners. The idea is to prioritize black-owned establishments to financially support…
Restaurant owners could be in store for another de facto fiscal stimulus this month. Aides to Senate Majority Leader Mitch McConnell say that he hopes to move the Paycheck Protection…
As if restaurant owners needed anything more to worry about, meat and dairy prices have been increasing. The national standard for pork prices, the “cutout,” is up 75% since April…
In late February, estimates for the duration of COVID-19 lockdowns lasted just a couple weeks. Yet here restaurant owners are today, three months later and $52 billion poorer, with restrictions…
For restaurant owners nationwide, this week was filled with news headlines on opposite poles. On the positive side, over 40 states now allow dine-in service, Paycheck Protection Program (PPP) forgivable…
As of the close of business on May 28, 2020, the U.S. Small Business Administration (SBA) has approved 4,460,265 Paycheck Protection Program (PPP) loans from 5512 lenders totaling $510,536,339,105. That…
There is a silver lining to the current crisis for restaurant owners. After an uninterrupted decade of rising costs and competition, COVID-19 has granted restaurant owners renewed power at the…
Second to labor, restaurant owners’ next biggest expense is their rent or mortgage payment. Since COVID-19 lockdowns began in March, many restaurant owners have furloughed their employees which accomplished the…
Two of the main restaurant lobbies achieved a major milestone this week in Washington DC, earning a $120 billion funding proposal on May 20, the day after meeting in-person with…
Florida is the nation’s eighth most densely populated state, but one of the earliest to lift COVID-19 restaurant restrictions. New Jersey and Delaware remain in lockdown, as well as densely…
Black-Owned Restaurants Begin Trending on Social Media
Senate Leader McConnell Expedites Paycheck Protection Program Flexibility Act
Food Costs Rise, Pork Cutouts Up 75%, Class III Milk Above $17
Minneapolis and St. Paul Restaurateurs Decry Violence, Mourn Losses
Partially Forgivable Microloans Available as 77% of Paycheck Protection Program Depleted
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