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The news comes as restaurants face higher food costs and labor shortages at a time when more people are going out to eat. (Dave Copeland/Patch)
MASSACHUSETTS Hundreds of Massachusetts restaurants are facing an uncertain future after the U.S. Small Business Administration said Wednesday it is shutting down the Restaurant Revitalization Fund passed by Congress as part of the coronavirus relief package.
In an email to applicants Wednesday night, SBA said the program will be disabled July 14. At that time, it will stop accepting applications. To date, the program has handed out grants to 105,000 restaurants, but another 265,000 applicants are still waiting. A bill to replenish the fund has been introduced in Congress, but it has not moved forward.
William Zammer Jr
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