Restaurants & Bars

These Stillwater Restaurants Received COVID Revitalization Money

Eleven restaurants in Stillwater received grants from the fund, but thousands more in Minnesota were shut out of the SBA program.

STILLWATER, MN —Restaurants in Stillwater were among the more than 1,700 in Minnesota who received money from the Small Business Administration's Restaurant Revitalization Fund, which was passed by Congress last year as part of a sweeping coronavirus relief package.

A total of $525,376,041 in funding was given to Minnesota restaurants.

More than 4,305 Minnesota restaurants applied for the program, which SBA is shutting down Wednesday, but only about 40 percent of applicants were awarded funds.

Find out what's happening in Stillwaterfor free with the latest updates from Patch.

In Stillwater, grants were given to:

  • The Lumberjack Company — $585,048.00
  • Daigle Enterprises Inc — $578,312.56
  • Mad Capper Inc. — $303,642.00
  • Letru Inc — $265,349.00
  • Schones Inc. — $245,066.57
  • Tilted Tiki Inc. — $207,933.00
  • Tom Thumb Donut Corp. — $189,310.00
  • DNR Properties LLC — $183,541.00
  • The Main Cafe — $104,551.00
  • Stillwater KC Hall Inc — $51,758.06
  • Stardust Endeavors LLC — $45,055.00

But restaurants across the country are facing an uncertain future after the U.S. Small Business Administration said last month it was shutting down the Restaurant Revitalization Fund passed by Congress as part of the coronavirus relief package.

Find out what's happening in Stillwaterfor free with the latest updates from Patch.

“For a hundred thousand restaurants, the R.R.F. has made their future clear and stable, but for the more than 200,000 operators shut out of funding, receiving this letter today only heightens their fear and anger,” Sean Kennedy, a spokesman for the National Restaurant Association, told The New York Times. “We need Congress to act.”

In an email to applicants last month, the SBA said the program will be "disabled" July 14. At that time, it will stop accepting applications. Nationally, the program has handed out grants to 105,000 restaurants, but another 265,000 applicants are still waiting. A bill to replenish the fund has been introduced in Congress, but it has not moved forward.

Despite the restaurant industry lobbying for Congress to replenish the fund, lawmakers have been more focused on reaching a compromise on the Biden administration's infrastructure improvement bill.

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