lra Recent News

Louisiana Restaurant Association
  • ABOUT US
    • Hurricane Recovery
    • Upcoming Events
    • Leadership >
      • Past LRA Chairs
    • Magazine
    • LRA Staff Directory
    • Latest News
    • Blog
    • Contact Us
  • MEMBERSHIP
    • Member Login
    • COVID
    • Benefits
    • Membership Application
    • Advocacy >
      • Why Tipping Works
    • Chapters
    • Louisiana Restaurant Legends
    • ADA Compliance Disclaimer
  • TRAINING
    • Louisiana Hospitality Jobs
    • ServSafe Foodservice Manager
    • ServSafe Alcohol
    • ServSafe Allergens
    • ServSafe Food Handler
    • ServSuccess
    • Manage My Restaurant
  • WORKERS' COMP
    • Agents & Brokers
    • Leadership
    • Coverages
    • Claims
    • Loss Prevention
    • Questionnaire
    • Compliance Reporting
    • LRA Workers' Comp Directory
    • Contact Us
  • SHOWCASE
    • Attendees >
      • Hotels
    • Exhibitors
    • Be a Sponsor
    • Contact Us
  • EDUCATION
    • About Us
    • ProStart >
      • Educator Resources
    • Apprenticeship
    • Giving >
      • Serving the Future
    • Scholarships
    • Supporters
    • Contact Us

RRF Closes, Leaving 200,000 Applicants Without Funding

7/1/2021

0 Comments

 
Nearly two months after opening up for applications, the U.S. Small Business Administration announced yesterday that the Restaurant Revitalization Fund is now closed. In total, the program received 370,000 applications, funding 105,000 of them and leaving more than $50 billion in applications unfunded.
 
“For a hundred thousand restaurants, the RRF has made their future clear and stable, but for the more than two hundred thousand operators shutout of funding, receiving this letter today only heightens their fear and anger. Across the country, a growing number of restaurants have uncertain futures. Many are in the ironic position of seeing indoor dining resume but are taking in less revenue amidst rising food prices and inadequate staffing to fully open. These operators have made all of the cuts and changes they can to stay open for the last year and are once again worried they won’t make it another month. We need Congress to act on the RRF Replenishment Act to provide the SBA with the funds they need to complete this important mission.”
 
-Sean Kennedy, Executive Vice President of Public Affairs, National Restaurant Association
0 Comments



Leave a Reply.

    Archives

    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021

    Categories

    All

    RSS Feed

Privacy Policy 
 Copyright Louisiana Restaurant Association.  All Rights Reserved.
2700 N. Arnoult Road | Metairie, LA  70002
Phone: (504) 454-2277  | sitemap
MemberClicks
  • ABOUT US
    • Hurricane Recovery
    • Upcoming Events
    • Leadership >
      • Past LRA Chairs
    • Magazine
    • LRA Staff Directory
    • Latest News
    • Blog
    • Contact Us
  • MEMBERSHIP
    • Member Login
    • COVID
    • Benefits
    • Membership Application
    • Advocacy >
      • Why Tipping Works
    • Chapters
    • Louisiana Restaurant Legends
    • ADA Compliance Disclaimer
  • TRAINING
    • Louisiana Hospitality Jobs
    • ServSafe Foodservice Manager
    • ServSafe Alcohol
    • ServSafe Allergens
    • ServSafe Food Handler
    • ServSuccess
    • Manage My Restaurant
  • WORKERS' COMP
    • Agents & Brokers
    • Leadership
    • Coverages
    • Claims
    • Loss Prevention
    • Questionnaire
    • Compliance Reporting
    • LRA Workers' Comp Directory
    • Contact Us
  • SHOWCASE
    • Attendees >
      • Hotels
    • Exhibitors
    • Be a Sponsor
    • Contact Us
  • EDUCATION
    • About Us
    • ProStart >
      • Educator Resources
    • Apprenticeship
    • Giving >
      • Serving the Future
    • Scholarships
    • Supporters
    • Contact Us