Rose’s Cafe and Terzo are operating at a loss but grant money will help them stay open. “This allows you to go back to February 2020 and apply these funds to help pay down debt, catch up on past due rent, etc.,” she says. The Small Business Administration is accepting applications for grants from the Restaurant Revitalization Fund as of Monday. Grant money is in addition to Paycheck Protection Program loans that have helped Thomas and other restaurant owners pay their staffers. Grant money would help the owners of Sac’s Place pay back rent to their landlord and outstanding bills to vendors.
Source: ABC News May 03, 2021 12:33 UTC