https://restaurantengine.com/restaurant-same-store-sales-and-unemployment-data-arrives/ Restaurant Website Templates, Restaurant Website Design, & Hosting Tue, 08 Dec 2020 21:25:46 +0000 hourly 1 https://wordpress.org/?v=6.7.1 https://restaurantengine.com/restaurant-same-store-sales-and-unemployment-data-arrives/#comment-48959 Fri, 15 May 2020 15:02:50 +0000 http://restaurantengine.com/?p=7890#comment-48959 Thanks for your comment. Indeed, many restaurateurs have expressed the weaknesses of PPP insomuch as the loan forgiveness terms do not align with their largest fixed costs, namely rent. With 75% of funds required to be used for payroll, and a maximum allowable 25% reduction in headcount, the program certainly is not a godsend for many restaurateurs. I appreciate your comment. Many owners are lobbying for changes to PPP rules as we speak in Washington DC!

]]> https://restaurantengine.com/restaurant-same-store-sales-and-unemployment-data-arrives/#comment-48780 Thu, 14 May 2020 17:17:45 +0000 http://restaurantengine.com/?p=7890#comment-48780 This article was startling. The PPP has not been a godsend for most restaurants unless they stayed open this entire year. The rules for forgiveness make it almost impossible to much if any restaurant relief. This is not an arcane fact – it’s well know. As a result I believe your article is completely misleading.

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