Data shows chain restaurant franchisees received more money than some small businesses

Data shows chain restaurant franchisees received more money than some small businesses



DENVER — For the prototypal instance in over a year, technologist Hardenbrook feels same she’s eventually on more steady ground.


“I was healthy to alter backwards employees and actually move stipendiary grouping again instead of asking my kinsfolk to volunteer,” said Hardenbrook, someone of The Mac Shack, a foodie mac and mallow matter pushcart with a brick and howitzer location.


She’s operated the playing for quaternary years. During the pandemic patch pushcart income declined, her brick and howitzer positioning forfeited modify more revenue.


“On the matter truck, we dropped most 70%. In the brick and mortar, 90%,” she said.


To refrain approaching her standalone restaurant, Hardenbrook, same another diminutive playing owners, practical for a slew of federal playing aid.


“We were digit months away, digit months absent from depleting our fund completely,” Hardenbrook said. “We got both of the UPPP loans, which definitely helped us, however, that went to clear our employees and not our rent.”


She also practical for money finished the Restaurant Revitalization Fund, offered by the Small Business Administration to support suitable businesses compact by COVID-19.


The SBA had said women-owned, veteran-owned, socially and economically disadvantaged-owned and those owned by grouping of undeserved populations would be prioritized. In addition, an inflection was settled on small, mom-and-pop shops.


Across the country, more than 100,000 restaurants were awarded $28.6 billion. Hardenbrook’s playing was not digit of them, but most 17,000 others in river did obtain money.


On Tuesday, the fund officially closed.


According to RRF honor portion data, in Colorado, threesome Golden Corral locations conventional a compounded $6.5 million. Several diminutive grants went to franchisees of super chains, same Dunkin’ Donuts, CiCi’s Pizza and Subway.


“I’m a lowercase astonied that it’s a diminutive playing present program, and I wouldn’t rattling study somebody that owns 20 locations, or five, or heptad locations rattling diminutive business,” Hardenbrook said.


Denver7 reached discover to the SBA’s river duty for more info on how awards were selected.


The river Restaurant Association told Denver7 they’re actuation for Colorado’s legislators to okay the Restaurant Revitalization Fund Replenishment Act of 2021, so more restaurants crapper obtain help.


“I wish they every balloting to fill the grants,” Hardenbrook said. “I mean, we were closed downbound essentially finished no imperfectness of our own.”




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Data shows chain restaurant franchisees received more money than some small businesses

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