The fund created to help the restaurant industry hit hard by the pandemic is already running out of money.

latimes.com/politics/story…
The $28.6-billion Restaurant Revitalization Fund allows restaurants, food trucks, bars, bakeries, breweries and wineries to apply for grants equal to their pandemic-related revenue loss — up to $10 million per business and $5 million per location.

latimes.com/politics/story…
In just 10 days since applications for the grant opened, the Small Business Administration has received 266,000 applications asking for $65 billion in aid, more than twice the amount provided by Congress.

latimes.com/politics/story…
Industry lobbyists and activists, who spent a year begging Congress for help before lawmakers acted earlier this year, are already asking them to replenish the fund and keep local, well-loved restaurants afloat as the economy begins to recover.

latimes.com/politics/story…

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More from @latimes

13 May
After weeks of rumors about meetings in a white SUV, the news broke Monday that Jennifer Lopez and Ben Affleck had rekindled their romance after 17 years.

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Chrissy Teigen has apologized for bullying Courtney Stodden a decade ago.

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propublica.org/article/inside…
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