SBA Quickly Exhausts Restaurant Relief Fund, Quits Accepting Applications End-Of-Day May 24

The Small Business Administration said May 18 that it will stop accepting applications for money from the Restaurant Revitalization Fund after 8 p.m. ET May 24. It’s been only three weeks since the SBA started taking applications. As of May 18, more than 303,000 applications had been already received. requesting more than $69 billion. And…