Resources for Your Restaurant during COVID-19 crisis

Finance to Table Education for Operating Your Restaurant

restaurant resources

Struggling to keep your restaurant and employees from becoming another victim of COVID-19? Here are some resources to help keep everyone’s head above water.

Another Round, Another Rally provides grants along with emergency funding for companies and individuals in the hospitality industry. The company is providing $500 grants to applicants through Visa gift cards, Venmo, PayPal and Zelle. The company is looking for volunteers and donations as well.

The U.S. Bartenders Guild National Charity Foundation set up a COVID-19 relief fund. USBG is providing assistance up to $2,500. They are relying on volunteers and donations to keep the help flowing.

The Restaurant Workers Community Foundation is currently gathering funds for a COVID-19 relief program. They also have a running list of nationwide programs that can provide assistance and loans during this crisis.

U.S. Small Business Administration is providing low interest loans to get you through the rough patch and also deferring payments on 504 or 7a loans.  The low interest loans can be for amounts up to $2 million with a 2.75% interest rate and a 30 year amortization period.  Based on the bill currently in Congress, potential debt forgiveness on these loans is being discussed. These loans are on a first come first serve basis so act quickly!

Local First Arizona has a webpage dedicated to resources restaurant owners might need. From crowd source funding to government loans, you’ll find a variety of options to tide you over.

Kickfin is used by restaurants to instantly deposit tips into employees’ bank accounts the second their shift ends, 24/7/365. Their platform eliminates the hassle, hidden costs, and health hazards of cash tips outs, while still delivering tips to employees in real time. Kickfin can keep your people and your patrons safer by helping to mitigate the spread of the coronavirus and ensuring the financial security of your employees as you pivot to take-out, curbside service or off-premise delivery. Kickfin is proud to work with Henry+Horne in making the platform available to clients and prospective clients of Henry+Horne free of charge through the months of March and April. Visit to learn more or schedule a demo.

In the wake of COVID-19, the Colorado Restaurant Foundation’s Angel Relief Fund is working to support restaurant and hospitality workers with financial assistance and access to a COVID-19 specific hub of support. has setup a list of relief funds for restaurants, bars, and food service workers.  There are at least ten helpful resources listed on their website that are providing relief funds for both restaurant and bar owners and employees.

Federal and state banking regulators are working to ease restrictions on loan modifications. They’ve determined short-term loan modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant are not troubled debt restructurings and shouldn’t be considered risky. Borrowers must be current on their loans to be considered. Reach out to your lender for more information. Don’t wait until you’re in trouble.

To keep the lights on long-term, think creatively. Take to social media like your life depends on it! Offer deals and specials. Let people know you’re waiting to feed them. Hopefully, this slow down will be short. Take the time to assess where you are and where you want to be.

Don’t hesitate to reach out to us for further guidance. We’ll pass along additional information as we get it along with highlighting the key terms of the $2 trillion emergency package bill once congress passes it.

You’ll need to get creative, but you can do it. We’re here to help. For more information and restaurant resources on COVID-19, see our coronavirus page. Feel free to contact your Henry+Horne tax adviser with any questions.

Beth Hawley