Restaurant Recovery Update 1.14.21
PPP 2.0
SBA announces loan portal reopen dates
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders:
  • Friday January 15, 2021 at 9AM ET - lenders with $1 billion or less in assets for First and Second Draw applications

  • Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA.

PPP 2.0 Webinar You May Have Missed:
If you missed this week's PPP 2.0 webinar it can be found here:
Massachusetts Sector-specific grant applications due tomorrow
The application can be found here: Sector-Specific Grant Program

Sector-Specific Grant Webinar You May Have Missed:
The MRA hosted a webinar with MGCC today to discuss this grant program, click here to view: Massachusetts Sector-Specific Grant Program Q and A with MGCC 


Please do not submit PPP Applications or State Grant Applications to the MRA
MRA FAQ
Q. Has the Governor signed the cap on 3rd party delivery fees yet?
A). Not yet, the Governor has 10 days to review legislation before him. If /when he does sign the bill into law there will be some time before the law takes effect.

Boston
City of Boston application for 2021 Outdoor Dining Program
As a reminder, the online application for the 2021 Outdoor Dining Pilot Program is now live and the initial deadline for applications is next Monday, January 18th. Applications received by this deadline will receive a response no later than February 19, 2021. Applications can also be submitted after this date and will be reviewed on a rolling basis.

To learn more about key dates and how to apply, please visit the 2021 outdoor dining webpage.
Massachusetts Restaurant Association
160 East Main Street, Suite 2, Westborough, MA 01581
Phone: (508) 303-9905  www.themassrest.org