Restaurants & Bars
These Newton Restaurants Got Restaurant Revitalization Money
Restaurants in Newton got $10 million, but thousands more in Massachusetts were shut out of the SBA program, which ends Wednesday.
NEWTON, MA â Restaurants in Newton were among the more than 2,500 in Massachusetts who received nearly $1 billion from the Small Business Administration's Restaurant Revitalization Fund, which was passed by Congress last year as part of a sweeping coronavirus relief package.
The $993 million given to Massachusetts restaurants was sixth highest of any state in the country. And the average award of $338,000 to businesses in Massachusetts was the highest in the country. But the 2,556 Massachusetts businesses that received funding under the program were just 37.2 percent of the 6,867 that applied to the program, which SBA is shutting down Wednesday.
In Newton, grants were given to:
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- Pretty Presentations Catering Inc, $653,056.66
- La Bonne Maison Inc, $611,288.00
- Dunn Gaherins inc, $507,824.39
- Southeastern Restaurant Group LLC, $489,603.93
- 4Chicks Cafe Corporation, $298,466.47
- WY Seafood LLC, $284,678.00
- Roche Inc, $260,242.93
- hampton diner inc, $246,269.00
- Farmstead Table LLC, $233,670.00
- Alma Hilton LLC, $228,989.75
- Frankly Foods Newton, $192,098.00
- Newton Breadbasket LLC, $185,950.00
- Better Life Food Inc, $177,503.00
- Vamcomplex USA, $162,661.15
- Newton Pie Inc, $156,831.17
- DINA'S LLC, $151,351.86
- LIN RESTAURANT INC, $145,632.30
- McRite Enterprises Inc, $122,397.00
- Centre Group llc, $113,825.00
- Awfully Tasty Corporation, $112,565.00
- Xiu's Garden Inc, $105,317.00
- HO HO 5 INC, $96,388.00
- Thigpen Corporation, $77,520.64
- KIKOS KUPS LLC, $77,514.92
- Tharath Ven, $67,091.88
- C C Enterprises, $66,441.73
- Westside Lounge Inc, $61,361.00
- GDSL Subway Corp, $51,863.25
- George D Garris General Store, $49,282.00
- JAKES FALAFEL & MORE INC, $32,214.36
- Packer Inn LLC, $26,468.50
- AMLA Co LLC, $14,888.77
- Maru LLC, $871,142.27
- MBL LLC (Tartufo Restaurant), $649,771.00
- JUMBO SEAFOOD RESTAURANT OF NEWTON INC, $280,145.00
- Ty Sushi Inc, $245,812.00
- St. Petersburg International Foods Inc, $230,384.31
- TANGO MANGO INC, $217,642.00
- Transformative Foods LLC, $120,613.00
- RINA PARAG 18 INC, $77,804.00
- Inna's & Son Inc, $77,563.36
- JAD Solo Enterprises Inc, $67,299.89
- Taco Connection Inc, $26,100.26
- ANP Ventures Inc, $50,448.22
- Roby Lee's Inc, $164,238.07
- NHOA INC, $63,179.39
- Green Globe inc, $189,936.00
- Beatitudes Services Group LLC, $140,285.50
- WALTON LLC, $91,746.98
- Big Tuna LLC, $1,207,741.00
But hundreds of Massachusetts restaurants 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 these restaurant owners, it feels like insult on top of injury," Irene Li, the owner of Mei Mei Boston and the program manager of CommonWealth Kitchen's Restaurant Resiliency Fund, told the Boston Globe, which first reported this story. "It's like, 'This was supposed to be for us.'"
Find out what's happening in Newtonfor free with the latest updates from Patch.
In an email to applicants last month, 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.
"There are thousands of operators in Massachusetts that dutifully applied for the Restaurant Revitalization Fund on the first day that it was opened. Without Congressional action to replenish the fund, restaurants across Massachusetts will face an uncertain future," said Steve Clark of the Massachusetts Restaurant Association. "Many are in the ironic position of seeing increased diners but are taking in less revenue as they battle with continuously rising food prices and lack of labor and staffing issues to fully reopen."
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.
"It is a particular gut-punch for those operators that received a funding notice a few weeks ago, only to get a funding rejection letter last week," Clark said. "We need Congress to act on the RRF Replenishment Act to provide the SBA with the funds they need to complete this important mission."
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