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Washington restaurants rush to apply for federal grant funding
The Washington Hospitality Association estimates 80% of applicants will not qualify because the fund will run out of money.
Author: Kalie Greenberg
Updated: 6:07 AM PDT May 24, 2021
KIRKLAND, Wash. It s the last call for businesses to apply for the Restaurant Revitalization Fund. After receiving more than 300,000 applications nationally, applications will close at 2 p.m. Monday, May 24.
The fund was established as part of the American Rescue Plan to help the food and beverage industry recover from the pandemic.
Numbers from the Small Business Administration show just how badly restaurants need help. According to the business association, the rescue plan has received more than 300,000 applications representing more than $69 billion in requested funds. Nearly 38,000 applicants have been approved for more than $6 billion. ....

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