The French Laundry got more than $2.4M in PPP funding

local state media reports
https://abc7news.com/business/frenc...n-$24m-intended-for-small-businesses/8806467/
@Os Trigonum @rocketsjudoka


The French Laundry got more than $2.4M in PPP funding; 17x more than average Bay Area restaurants

NAPA, Calif. (KGO) -- The luxury restaurant where Governor Gavin Newsom and San Francisco Mayor London Breed were notoriously spotted dining during a COVID-19 surge, reportedly received millions in PPP funding.

Yountville's highly acclaimed French Laundry received multiple loans through the Paycheck Protection Program, totaling more than $2.4 million, according to an ABC7 analysis of newly-released data from the Small Business Administration.

The French Laundry received two loans that were both approved on April 30, 2020. According to the SBA, the first loan was for more than $2.2 million to retain 163 employees. The second loan was for $194,656 to retain five employees.


RELATED: Companies founded by Newsom collectively get nearly $3 million in PPP loans, data shows

ABC7's analysis found the company received 17 times more than what the average Bay Area restaurant received.

"I'm angry, but what can I do about it?" said Dennis Berkowitz, former owner of San Mateo restaurant Vault 164.

Berkowitz struggled to get around $318,000 to retain roughly 50 employees. The loan amount wasn't enough to sustain his business, and he was forced to sell the restaurant in July.

"I've had a 40-year run in the restaurant business, so I consider myself fortunate," he said. "I really feel bad for the next generation of restaurateurs because they're screwed."

 

@Ziggy

let's rent out the place for the 99ers annual dinner

no landry's for us
@DaDakota

 

quite the contrary, I think there are very few Texans left on the board.

especially the D&D

right? @fchowd0311

 

Obviously fraud is bad.

But any service industry is affected by shutdowns the most.

Whomever figured out that the loans to restaurants is probably not an accounting major but some art history dropout

the loan you give should be scalable on the type of restaurant you have.
the small business should get enough to cover his employees and expenses, which is not what's happening there or in other places

 

i could live anywhere, it's a big world.

the dumb rockets fan thought les alexander lived in houston, but he lived in florida the whole time.

@Os Trigonum

 

Thomas Keller is a world renown chef with restaurants all over the place





I know that the majority of people on the D&D just watch CNN all day and have no cultural appreciation of anything else besides yelling at other people.
but that's not my fault.

When I mention Tupac only @pgabriel knows who i'm talking about.

@Os Trigonum
@basso

I wouldn't be surprised if 70% of the D&D is @SamFisher 's duplicate accounts
and @Carl Herrera being a joke bot that didn't get enough funding

@ROXRAN
@rocketsjudoka
@Reeko
@Ziggy

 

@fchowd0311 is hating on Texas big time and loving Cali
but his ass admitted he lives in Massachusetts

Even Tom Brady doesn't want to live there!

then you got ALOT OF TROLLS FROM CHINA HERE ON THE D&D
who else calls America
'The US Society'??

Not democrats or republicans, but the CCP

@Os Trigonum

 

i know the 99ers are well cultured, it's obvious

unlike the rest of you pigeons jumping for crackers in the park

@Os Trigonum

 

Lol, the D&D doesn't know what a sommelier is, they can't even pronounce it, mon frere.
@Nook