Rapids wants to be sure as many restaurant and hospitality businesses as possible are aware of the federal funding available through programs like the CARES Act to help get them through these incredibly difficult times.
The CARES Act refers to the Coronavirus Aid, Relief, and Economic Security Act, legislation recently passed by the United States government. The relief package includes the Paycheck Protection Program, which is designed to provide 100% federally guaranteed loans to small businesses and certain nonprofits.
The loan can be used for a variety of expenses related to your employees, such as payroll compensation, group healthcare benefit payments, separation allowance, etc.
If you are a business with fewer than 500 employees, you are eligible not only for the Paycheck Protection Program, but also for SBA Loan Forgiveness. All businesses should confer with their bank to discuss details as it pertains to them specifically.
Watch our video below to learn more about how this program can help your operation receive critical funding, bring your teams back to work, and keep serving your devoted customer base the meals that they love!
Estimate the potential maximum loan and loan forgiveness amount you qualify for:
Eric Colby – DEEM Winner September 2019
Delivering Excellence in Every Moment September 2019Eric Colby Sales, Account ExecutiveNominator: Joe Schmitt For: Being Personally Accountable "We received an email from a frustrated customer who had placed an order a week earlier and still had not received the...
Online Ordering & Delivery | The Off-Premise Dining Trend
Takeout and delivery has only gotten more complicated since the rise of online ordering and companies that focus solely on food delivery. Off-premise dining – an option that used to be limited by whether or not the restaurant had the ability to offer it – is now a benefit most restaurants can readily bestow, especially if they are located in bigger cities.
#RapidsCares Visits Haven House
#RapidsCares Visits Haven HouseJason Wacker, Rapids’ very own Contract & Design Specialist, embodied the #RapidsCares program when he recently donated some of his time to help put together ready-made meals for the guests of Haven House in St Louis, MO. Jason and...
Luke Green – DEEM Winner August 2019
Delivering Excellence in Every Moment August 2019Luke Green Contract & Design SpecialistNominator: Eric Schmitt For: Putting the Customer First "This guy is always going out of his way to help his peers and rarely gets big enough shout outs for what he does. Just...
LET’S FIND YOUR SOLUTION
Rapids Contract serves the United States with locations in Iowa, Minnesota, and Missouri!
Get in touch with one of our experts and let us know how we can help with any of your foodservice needs.
Talk to one of our experts right away and get immediate assistance. We are open Mon – Fri, 8am – 5pm CST.
Get in touch with one of our experts and let us know how we can help with any of your foodservice needs.
Talk to one of our experts right away and get immediate assistance. We are open Mon – Fri, 8am – 5pm CST.