Live Breaking News & Updates on Californios Restaurant Group
Stay updated with breaking news from Californios restaurant group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A three-Michelin star restaurant where California Governor Gavin Newsom was caught dining reportedly received $2.4 million in Paycheck Protection Programs (PPP) loans from the Small Business Administration (SBA). The French Laundry was located in Napa Valley that made the news after Newsom was busted in photos dining at the posh restaurant with a maskless group for a birthday party, as reported by The Blaze. It caused an uproar as Newsom was caught violating his own strict COVID-19 guidance. He then responded to the issue by saying that he should have modeled better and not joined the dinner. The restaurant s chef and proprietor, Thomas Keller, has once again made it to the headlines due to the amount of federal financial assistance the establishment received. ....
The French Laundry got more than $2.4M in PPP funding; 17x more than average Bay Area restaurants KGO Share: 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 French Laundry got more than $2.4M in PPP funding; 17x more than average Bay Area restaurants KGO Share: 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. ....