The American Rescue Plan Act establishes a $28.6 billion Restaurant Revitalization Fund to distribute grants of up to $10 million to restaurants and other food and beverage businesses.
Eligible restaurants, bars, food...more
3/15/2021
/ American Rescue Plan Act of 2021 ,
Business Expenses ,
CARES Act ,
COBRA ,
Coronavirus/COVID-19 ,
Economic Aid Act ,
Economic Stimulus ,
Employee Retention ,
Grants ,
Paycheck Protection Program (PPP) ,
Restaurant Industry ,
SBA ,
Tax Credits ,
Tax Exemptions
Although the Small Business Administration has not yet opened the program to grant applicants, the agency recently released a series of FAQs that address certain definitions and eligibility criteria for prospective grantees....more
COVID-19 and the lifeline of “emergency” and “temporary” legislation in Washington, D.C.
To this day, Congress retains a legislative veto over the D.C. Council’s actions, supported by the Constitution.
“Emergency”...more
The CARES Act provides $350 billion for small business Paycheck Protection Loans and an additional $10 billion for the existing Economic Injury Disaster Loan program. Colleagues David Miller and Zachary Bailey describe the...more