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Report: 850 Iowa restaurants receive federal pandemic relief

Report: 850 Iowa restaurants receive federal pandemic relief BY BUSINESS RECORD STAFF Tuesday, July 6, 2021 2:46 PM The U.S. Small Business Administration on Friday announced the closure of the Restaurant Revitalization Fund program, which provided $28.6 billion in emergency pandemic relief funding to more than 100,000 restaurants nationwide. In Iowa, 850 restaurants and other food and drink establishments received funding totaling $122,089,854. More than 2,600 establishments in Iowa had applied for nearly $367 million in funding through the program, according to a June 30 report from the agency. “Restaurants are at the center of our neighborhoods and propel economic activity on Main Streets,” SBA Administrator Isabel Guzman said in a press release. “As among the first to close in this pandemic and likely the last to reopen, many are still struggling to survive. The SBA will continue to work hard to ensure they get the resources they need to recover, rebuild

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