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August 4, 2020

PPP runs out; restaurants limping or shutting

  • Even in areas where the coronavirus outbreak appears contained, revenue is far below normal because social distancing requirements — and wary diners — mean fewer tables, fewer customers and limited hours.
    • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets.

    Government coronavirus loans in the spring helped eating establishments rehire laid-off employees and ride out the pandemic's initial surge and wave of shutdown orders.


     
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