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When do the other businesses that were hit hard get the 3rd handout? Many restaurants I know took the PPP money and ran. This new fund should be used for Payroll, Rent and Utilities. Not to pay for new equipment. That’s just crazy.
You mean they took the PPP money and ran *out of business*? Exactly. It wasn’t enough for many restaurants, so based on that evidence there is now additional funding to help bridge the gap for those still surviving.
It was announced a few days ago that ALL $28.6 billion had been awarded within the first 10 days to minority, women and veteran owned businesses exclusively, so a non-minority business owner like me is out of luck. Government directed reverse discrimination at its best!
The headline should read “Minority Owned Restaurants Exclusively Eating Up Federal COVID Money…Whites Need Not Apply”
Your claims are false, but also funny. Thanks for the laugh.
Wesley H., I’m not making any “claims”, just stating facts. All funding was exhausted within first 10 days of opening of the application period, reserved exclusively for minorities, women & veterans. I know because I applied for this program and was informed by the SBA. Also, there have been some other news articles on this.