These Bonney Lake Restaurants Got Restaurant Revitalization Money

BONNEY LAKE, WA — Four restaurants in Bonney Lake were among the more than 3,247 in Washington who received money from the Small Business Administration's Restaurant Revitalization Fund.

The program, which was passed by Congress last year as part of a sweeping coronavirus relief package, gave a total $921 million to Evergreen State restaurants. But the 3,247 Washington businesses who received funding were just under 45 percent of 7,236 businesses who applied for aid.

In Bonney Lake, grants were given to:

"The $28.6 billion Restaurant Revitalization Fund provided desperately needed relief to more than 100,000 restaurants and other food and beverage businesses across the nation with significant funding going to our hardest-hit, underserved businesses," said SBA Administrator Isabel Guzman in a news release. "Restaurants are at the center of our neighborhoods and propel economic activity on Main Streets. As among the first to close in this pandemic and likely the last to reopen, many are still struggling to survive. The SBA will continue to work hard to ensure they get the resources they need to recover, rebuild and be resilient."

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.

“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 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.