The Small Business Administration has received 96,000 applications for Paycheck Protection Program loan forgiveness; banks have complained about the slow approval process
Chains excluded from restaurant grant program proposed as part of HEROES Act; grants are geared for independent restaurants, food trucks and bars in underrepresented communities with a focus on women- and minority-operated establishments.
Utah-based growth fund led by Andrew Smith announces investment in upscale fast-casual fried chicken brand and 2019 NRN Hot Concept winner; Savory to grow Crack Shack by three to five units in 2021.
TCGM Holding Company acquires fast-casual concept in asset sale; original location, closed since the onset of the pandemic, will reopen next week with focus on throwback sandwiches and concrete-style frozen custard desserts.