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Hotels and restaurants plead for more stimulus aid

The industry’s used up much of the federal PPP loans given this spring.

12/08/2020

NJ Spotlight News

Hotels and restaurants plead for more stimulus aid

Clip: 12/8/2020 | 3m 30sVideo has Closed Captions

The industry’s used up much of the federal PPP loans given this spring.

Many hotels and restaurants are on the brink of closure as they wait for Congress to approve another round of stimulus funds. If nothing is passed, 36% of restaurants and 47% of hotels could shutter within 6 months.

12/08/2020

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NJ Spotlight News is a local public television program presented by THIRTEEN PBS

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