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Restaurant Revitalization Grant Fund Webinar presented by the Putnam Business Council


Restaurant Revitalization Grant Fund Webinar presented by the Putnam Business Council
Written by Putnam Business Council
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Join the Putnam County Business Council for a Preliminary Overview of the Restaurant Revitalization Grant Fund. The US Small Business Association (SBA) is targeting April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund (RRF). The American Rescue Plan Act, P.L. 117-2, created the RRF to provide restaurants with grants - not loans - potentially equal to pandemic-related revenue losses, up to $10 million per entity, or $5 million per physical location for a certain periods during the pandemic. 
While the information is still early and subject to change this webinar will be looking at how and what we will likely need to prepare to apply, what sort of information will be required and how the RFF may interact with PPP.  ....

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Caribbean Will See Positive Growth In 2021, But Not Return To Pre-Pandemic Levels of Economic Activity


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People walk on the beach, some wearing masks, amid the novel coronavirus pandemic in Huntington Beach, California on April 25, 2020. - Orange County is the only county in the area where beaches remain open, lifeguards in Huntington Beach expect tens of thousands of people to flock the beach this weekend due to the heat wave. Lifeguards and law enforcement are patrolling the beach to make sure people are keeping their distance. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)
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ANTIAGO, Chile The Latin America and the Caribbean region will experience a contraction of -7.7 percent in 2020 but will have a positive growth rate of 3.7 percent in 2021, due mainly to a statistical rebound that will nonetheless be insufficient for recovering the economic activity levels seen prior to the coronavirus pandemic (in 2019), ECLAC indicated today in a new report. ....

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Latin America and the Caribbean Will Have Positive Growth in 2021, but It Will Not Be Enough to Recover Pre-Pandemic Levels of Economic Activity | Press Release


The Latin America and the Caribbean region will experience a contraction of -7.7% in 2020 but will have a positive growth rate of 3.7% in 2021, due mainly to a statistical rebound that will nonetheless be insufficient for recovering the economic activity levels seen prior to the coronavirus pandemic (in 2019), ECLAC indicated today in a new report.
ECLAC released its
According to the document by the Economic Commission for Latin America and the Caribbean (ECLAC), in a context of global contraction, Latin America and the Caribbean is the region in the developing world that has been hardest hit by the crisis stemming from COVID-19. In the decade prior to the pandemic, the region was on a low-growth trajectory, and in 2020 it faces an unprecedented combination of negative supply and demand shocks, which is translating into the worst economic crisis in the last 120 years. ....

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