The IRC was formed in response to the effects of the COVID-19 crisis on independent restaurants, and they’re asking Congress for loan extensions and business insurance interruption coverage
House passes massive legislative package and sends it to the President for signature
About 950 employees impacted, though salaried workers will be paid ‘as long as possible’
Low-interest loans of up to $50K available for employers of 50 or less
Restaurant workers considered essential and can continue takeout and delivery service only
Ocean Prime parent creates fund with donated gift card sales to support workers
Bill goes to President Trump, as lawmakers continue to hammer out third phase of relief effort
City also puts moratorium on commercial evictions for those who can’t pay rent
Concern grows that small business may be left behind in economic relief efforts
