Main Street Was a Lifesaver — For Some

There have been so many interesting developments in restaurant lending over the last nine months. The PPP loan program has obviously gotten the most press, but, of real assistance, the Economic Injury Disaster Loans (EIDL) program has now been extended. In addition to the new round of PPP, the new CARES Act makes the traditional . . .

Dennis Monroe, Lenders to Offer Guidance on New Round of PPP and Other Loan Programs for Restaurants

Dennis Monroe will be joined by Sara Ausman, regional president at Alerus, and Shaun Coard, Sr. VP of Franchise Banking Solutions at Bremer Bank, in a Foodservice News webinar “Ask the Bankers: PPP Guidance and New Loan Programs Available for Restaurants” on January 21 at 1 p.m. The panelists will offer their perspectives on a . . .

Monitoring your legal options

In this time of total uncertainty and still no answer as to when Covid will end and when restaurants will go back to full strength, restaurant owners need to know what their legal options are. Many of the ideas I’m presenting here are theories at this point because the courts haven’t decided the cases as . . .