(Washington, D.C.) – U.S. Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-Md.) and U.S. Senator Roger Wicker (R-Miss.) today urged passage of their legislation to replenish the Restaurant Revitalization Fund (RRF) and provide relief to small businesses in other industries that have experienced significant declines in revenue, including gyms, minor league sports, buses and ferries, among others.
“More than two years into the pandemic, hundreds of thousands of restaurants and other small businesses are still fighting to survive, while thousands have already closed their doors for good,” Cardin said. “Congress cannot mistake the hopeful signs of recovery in our economy for signs that restaurants, bars, and other hard-hit small businesses no longer need help. Congress must pass this bill so the SBA can provide relief to the more than 177,000 RRF applicants who remain unfunded and to other hard hit industries.”
“Congress took action to provide much needed relief to restaurants and other businesses during the height of the pandemic, but the initial program left thousands of eligible restaurants and their employees without any assistance. As our economy recovers from a difficult two years, it is important to replenish this fund as a matter of fairness,” Wicker said.