Restaurants and groups across the country received or were approved for grants from the Small Business Administration’s restaurant revitalization fund yesterday to help jump back after the pandemic. Twenty-one of those entities are Kansas City area companies that will receive at least $1 million.
Receiving $10 million was 801 Restaurant Group LLC, which runs two 801 Chophouse locations and the Pig + Finch in Leawood as well as restaurants in Des Moines, Minneapolis, Omaha, and Denver. The other companies in the top five for KC are Q39 LLC, which received $4.77 million, PB&J Restaurants Inc., which received $4 million, Lidia’s Kansas City LLC, which received $2.07 million, and MAVS G LLC, which received $1.96 million.
Demands for grant money reached $75 billion, which greatly exceeded the $28. 6 budget the RRF had. If it were to pass through legislation, the Restaurant Revitalization Fund Replenish act of 2021 would provide an additional $60 billion to the grant program.
The grant was originally meant to prioritize minority, veteran, and women-run businesses but that quickly went away after the SBA lost several court cases. One woman, Kathy Hale, even had her grant revoked after a court case.
Funny how quickly small businesses that aren’t already swimming in corporate money get pushed aside when grants are given out.
I had to do some manual clean-up and probably missed a few things, but the average grant for recipients east versus west of Troost (KC’s historic Black/white dividing line) was $50,000 versus $311,000. https://t.co/hfTijumxQB
— Liz Cook (@lizcookkc) July 12, 2021
Originally Appeared Here