News Formal

Restaurant Revitalization Fund grant money must be spent, lawmakers say in letter to SBA - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Lawmakers keep pressure up on SBA to award unspent Covid-19 relief money. Now, they've set a deadline.

Lawmakers continue to press the Small Business Administration on unspent Restaurant Revitalization Fund grant money, calling it “inexcusable” that the agency holds on to money that could go to small-business owners.

At issue is a Government Accountability Office report released in July that showed $180 million in RRF grants remained unobligated. In July 2022, the Government Accountability Office released a report entitled"Restaurant Revitalization Fund: Opportunities Exist to Improve Oversight" stating that, as of June 2022, $180 million of RRF funds remained unobligated.

“It is vital that the agency prioritize this issue and provide relief to the nearly 7,000 applicants that were identified as grant awardees in 2021 but never received funding,”. “We recognize that the balance of the unobligated RRF will not be able to provide support to every small business that requested relief, but it is inexcusable for the Small Business Administration to not dispense every single available dollar to help as many of our nation’s still struggling main street businesses.

Rep. Earl Blumenauer, D-Ore., Rep. Brian Brian Fitzpatrick, R-Pa., and Senators Kristen Sinema, D-Arizona, and Sen. Roger Wicker, R-Miss., signed the letter.What is the Restaurant Revitalization Fund?

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 78. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

From BDUs to suits: Celebrating Veterans Small Business Week - Jacksonville Business JournalThe SBA has a number of programs to help those transitioning from the military to entrepreneurship.
ソース: JaxBizJournal - 🏆 599. / 51 続きを読む »

JAX Chamber donation to Lewis and White League - Jacksonville Business JournalThe money will go toward funding an upcoming business accelerator program at the Open Innovation Center.
ソース: JaxBizJournal - 🏆 599. / 51 続きを読む »

Lyft curbs chunk of staff due to heightened insurance costs - San Francisco Business TimesThe staff reduction move joins a chorus of other local tech companies instituting cuts this week.
ソース: SFBusinessTimes - 🏆 78. / 68 続きを読む »