Pres. Biden: 'Whether it's our economy or our sense of community, we are relying on restaurants to play a big role in our recovery. 'If we want our economy to recover in a way that deals everyone in, then our restaurants need a seat at the table.'
The Small Business Administration, which administers the Payment Protection Program and the new restaurant fund, said Tuesday that the Payment Protection Program had finally run out of money -- four weeks earlier than expected -- as the government transitions to more targeted programs.President Joe Biden speaks with the staff as he visits the Las Gemelas Taqueria restaurant for carry-out lunch on Cinco de Mayo in the Union Market neighborhood in Washington, May 5, 2021.
Kennedy told grassroots supporters in an email that the"the total number of applicants is going to exceed expectations – and may quickly exhaust the $28.6 billion in federal funding.
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