Portland Food and Drink

News and Information For Portland Oregon Area Restaurants and Bars

Portland Food and Restaurant News and Discussion

This is an archive of Portland metro area restaurant and food news, political debate, diatribes, discussion threads etc. If we aren't quite sure where a story belongs, you'll find it here.

Senate Passes Paycheck Protection Program Flexibility act

By Last Update June 30, 2020 Leave a Comment

WASHINGTON, D.C. (June 3, 2020) – Today the U.S. Senate passed the Paycheck Protection Program (PPP) Flexibility Act by unanimous consent. The bill will now go to the president for his signature. The Act includes several improvements the Association has been pursuing that will improve the PPP for use by restaurants, including:
  • Extending the expense forgiveness period from eight weeks to 24 weeks
  • Reducing the payroll ratio requirement to 60 percent
  • Increasing the loan repayment period from two to five years on new loans
  • Allowing payroll tax deferment for PPP recipients
  • Extending the June 30 rehiring deadline

    • National Restaurant Association Executive Vice President of Public Affairs Sean Kennedy released the following statement on the passage of the bill:

    “Today’s action in the Senate is a win for restaurants and small businesses across the country.… Read the rest

    Feast Portland 2020 Canceled

    By Last Update May 14, 2020 Leave a Comment

    Food Celebration Feast Portland has been canceled this year. Over the years, not only has Feast brought in millions of dollars in tourism but according to their website, has raised over $520,000 to their causes, most recently Partners for a Hunger-Free Oregon and Urban Gleaners.… Read the rest