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The French Laundry got more than $2.4M in PPP funding; 17x more than average Bay Area restaurants
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Yountville s highly acclaimed French Laundry received multiple loans through the Paycheck Protection Program, totaling more than $2.4 million, according to an ABC7 analysis of newly-released data from the Small Business Administration.
The French Laundry received two loans that were both approved on April 30, 2020. According to the SBA, the first loan was for more than $2.2 million to retain 163 employees. The second loan was for $194,656 to retain five employees.
ABC7 s analysis found the company received 17 times more than what the average Bay Area restaurant received.
The Michelin-star French Laundry received $2.4 million in PPP loans in April
It means the luxury restaurant received 17 times more than average Bay Area restaurants through the federal loan program
The first loan received by French Laundry Partners LP was for $2.2 million, allowing it to retain 163 employees, records said
The second loan of $194,656 was sent to French Laundry Restaurant Association and used to maintain five employees
Celebrity chef Thomas Keller bought the restaurant in 1994 with 60 investors
It hit headlines last month after a maskless Gov. Gavin Newsom was pictured at a birthday party there flouting his own COVID-19 restrictions
Surge is serious and it s local
The COVID surge is real and it’s local, including impacting our hospitals and ICU capacity. I am writing this as one of many Los Altans who agreed to be “ambassadors” for Santa Clara County to spread the word about the seriousness of this pandemic.
Stay at home! Wear a mask! Stay more than 6 feet apart! And get tested if you are a frontline/essential worker or have been exposed to anyone who has COVID, even if you have no symptoms, as 40-50% of those with COVID are asymptomatic, and, of course, if you have symptoms.
SF will now allow musicians to play at farmers markets
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Kevin North Band plays at Sunset Mercantile in San Francisco on Oct. 29, 2020. The new stay-at-home order allows farmers markets to continue operation as an essential service, but the musicians that play there have temporarily lost one of their only gigs and, subsequently, their income.Angie Petitt-Taylor/Outer Sunset Farmers Market and MercantileShow MoreShow Less
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Kevin North Band plays at Sunset Mercantile.Angie Petitt-Taylor/Outer Sunset Farmers Market and MercantileShow MoreShow Less
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LATEST, Dec. 16, 9:02 a.m. Since the publication of this story Tuesday afternoon, the city of San Francisco s website was updated to reflect that musicians can play at farmers markets under the new stay-at-home order.