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If your business missed out on the PPP program, here's where else you can turn for money


If your business missed out on the PPP program, here’s where else you can turn for money
The nearly $670 billion PPP program is down to about $9 billion reserved for community financial institutions.
The U.S. Small Business Administration recently said the Payroll Protection Program exhausted loan money available to traditional banks weeks before the planned May 31 cutoff date.(U.S. Small Business Administration)
11:12 AM on May 12, 2021 CDT
The Paycheck Protection Program was seen as a limitless treasure chest when it launched a year ago to help small businesses weather the economic catastrophe brought on by the COVID-19 pandemic. ....

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Dallas-area restaurants apply for new $28.6 billion Restaurant Revitalization Fund


Dallas-area restaurants apply for new $28.6 billion Restaurant Revitalization Fund
Some are hopeful they’ll get some aid, others are not as confident.
David Jordan, shop owner and previously homeless veteran, poses for a portrait at Patriot Sandwich Company on Feb. 18, 2019 in Denton, Texas. Jordan aims to not only educate his customers about the traditions of the armed forces but honor veterans themselves. (Kara Dry/Special Contributor)(Kara Dry / Special Contributor)
8:47 AM on May 11, 2021 CDT
More than 186,200 restaurants, bars and other food businesses applied for the $28.6 billion fund in the first two days of the program, and more than 16,000 applications have been approved so far, according to the White House. ....

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New Veteran Owned Sandwich Shops Survives Pandemic, but Still Needs Help


He used one word to describe the past year. H-E-double hockey sticks, to be polite.
The sandwich shop went from 10 employees to three, and it s been rough on him and his staff.
We have good weeks and we have bad weeks, he said. We may have one good week and then three bad weeks.
Jordan said he planned to apply for a federal grant through the Restaurant Revitalization Fund so he can add more help.
In a battlefield of large fast-food chains along S. Loop 288 in Denton, Army veteran David Jordan s new restaurant remains standing, but that doesn t mean that it s not a constant struggle. ....

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