( ABC 6 News) – Southeast Minnesota dining establishments got over $159 million in relief through the Dining establishment Revitalization Fund.
The Small Company Administration launched information in early July detailing which dining establishments got grants and just how much they got. In overall, the state of Minnesota got $525 million with approximately $305,983 per organization.
In southeast Minnesota, 87 companies got cash varying from $7,900 to $1.4 million, with approximately $184,968 per service.
According to Axios, dining establishments, breweries and catering services can utilize the cash to cover expenses like previous lease, home mortgage and payroll, however it needs to be utilized by March2023
In your area, the leading grants went to PH Catering, getting $1.4 million; Star Ocean Buffet getting $1 million; the Tap Home getting $924,000; Early Riser Hospitality Group getting $896,000
The information from SBA reveals that there were 4,305 applications sent in Minnesota, equating to over $1.2 billion, however just 1,718 got grants.
The Small company Administration launched information in early July detailing which dining establishments got grants and just how much they got. In overall, the state of Iowa got $121 million with approximately $143,973 per organization.
In northern Iowa, 27 companies got cash varying from $3,400 to $265,000, with approximately $59,187 per service.
According to Axios, dining establishments, breweries and catering services can utilize the cash to cover expenses like previous lease, home loan and payroll, however it needs to be utilized by March2023
The information from SBA reveals that there were 2,645 applications sent in Iowa, equating to over $367 million, however just 848 got grants.
http://businessadministrationclass.com/these-southeast-minnesota-dining-establishments-get-over-15-9-million-in-revitalization-funds/
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