PPP Part Two and More News Restaurants Need to Know Now

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three, What’s Next?: MRM Restaurant Survival Guide Updates and COVID-19 Resources for Restaurants.To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news.  

Additional funding has been allocated for the Paycheck Protection Program (PPP).  For more information, visit: sba.gov/paycheckprotection.

According to Administrator of the U.S. Small Business Administration (SBA) Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin SBA resumed accepting PPP loan applications on Monday, April 27 at 10:30AM EDT from approved lenders on behalf of any eligible borrower.  This will ensure that SBA has properly coded the system to account for changes made by the legislation.

To further ensure PPP…