Restaurant Relief Fund Suspended by SBA (Restaurants of Hawaii)
Channel: ThinkTech Hawaii
Date: 16/06/2021

Next Step: Suspended Restaurant Fund.  The host for this episode is Sheryl Matsuoka.  The guests for this episode are Mark Spain and Chivon Garcia.

On Friday, June 11, 2021, the Small Business Administration (SBA)  announced that due to a recent court case, they were forced to suspend payments for around 2,965 Restaurant Revitalization Fund (RRF) grant recipients who qualified under the “priority” designation of the RESTAURANTS Act.

Aid to “priority” grant applicants are frozen in the wake of lawsuits brought by white restaurant owners in Tennessee and Texas who alleged the priority program as discriminatory. 

The court claimed that SBA must keep approving funds for non-priority applicants, but cannot distribute funds to candidates under priority designation until the case is settled.
The SBA is working on their next steps to eventually get support out to the disadvantaged businesses in the priority program. 

Join Thornton "Mark" Spain, District Director of the Small Business Administration for the most recent update.


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