The Restaurant Revitalization Fund (RRF) will not be replenished, leaving thousands of New York restaurants without the relief they desperately need.
While replenishing the RRF will not be included in the $1.5 trillion federal omnibus spending bill, it could pass by itself, though this is highly unlikely. For now, hope has been dashed for the thousands of New York restaurants waiting for relief via the federal Small Business Administration (SBA).
“We have 17,868 that applied that are in this cue with SBA that never got funded,” said Melissa Fleischut, president of the New York State Restaurant Association, according to News10 NBC.
As the COVID-19 pandemic wanes, some question if restaurants are still in need of relief. Fleischut says absolutely- while some restaurants might be open, a good many have reduced hours due to staff shortages and other factors.
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