These 19 Castro Valley Restaurants Scored Revitalization Money
News
Castro Valley CA
19 July, 2021
1:09 PM
Description
CASTRO VALLEY, CA — 19 Castro Valley restaurants are among thousands in California that received money from the Small Business Administration's Restaurant Revitalization Fund, which was passed by Congress last year as part of a sweeping coronavirus relief package. The awards ranged from $7,000 to $767,000, with six restaurants receiving more than $100,000 each. Here is a list showing where grants went in Castro Valley: HOP TAI CHONG INC: $767,687.00Oriental Savory: $439,244.36Mahrokh Zardnavard: $308,296.50Chefs Express Chinese Cuisine: $179,811.00Lucky Dog Inc: $172,346.00Rising Uni LLC: $138,571.00Karin Johnson: $79,878.00BH MT LLC: $70,862.28TCOF INC.: $65,826.00JP'S Family Restaurant & Sports Lounge: $64,252.00Pho Play: $58,080.88Vincent Lam: $56,875.00Koyomi INC.: $46,326.00Ki Han: $42,140.00sutharod: $38,989.64Pampa Empanada LLC: $30,728.89KYOO CHUNG: $29,080.00Dampa Filipino Food Corporation: $16,864.57Janet Osei-Wusu: $7,000.00 Restaurants here in Castro Valley and across the country are facing an uncertain future after the SBA said last month it was shutting down the Restaurant Revitalization Fund passed by Congress as part of the coronavirus relief package. In an email to applicants last month, the SBA said the program will stop taking applications on July 14. Nationally, the program has handed out grants to 105,000 restaurants, but another 265,000 applicants are still waiting. A bill to replenish the fund has been introduced in Congress, but it has not moved forward. Despite the restaurant industry lobbying for Congress to replenish the fund, lawmakers have been more focused on reaching a compromise on the Biden administration's infrastructure improvement bill. A petition asking Congress to backfill the Restaurant Revitalization Fund can be found online.
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