Bay Area restaurants struggling to survive multiple crises – including low customer attendance due to a smoky sky and limited indoor dining options due to the pandemic – have yet another obstacle to overcome: the reduction of federal aid when it is most needed.
At the center of the looming disaster is funding for the Paycheck Protection Program, which restaurants will have completely depleted by November, with no further federal help on the horizon. Federal loans are meant to help businesses keep workers on their payrolls, and thousands of besieged Bay Area restaurants used them to survive initial pandemic shutdown orders, but now almost have them. exhausted. According to a local restaurateur, the situation could present “an extinction event for restaurants” if more restaurant-specific assistance does not arrive soon.