After a lengthy scandal-induced media silence, Congressman Tom Reed has issued a press release…and it’s an important one for area eateries.
Rep. Reed provided constituents with new information regarding the opening of the Restaurant Revitalization Fund through the Small Business Administration. He urges eligible businesses to apply to this program, which aims to help restaurants and other impacted businesses keep their doors open throughout the pandemic.
Reed said while he didn’t support the plan, “this program is critical to the small businesses across the district.” The program provides funds equal to the revenue restaurants lost throughout the pandemic up to $10 million, but no more than $5 million per physical location.
Funds will not need to be paid back by the businesses if the funds are used in the correct manner by March 11, 2023.