SPRING SPRING
The primary zip code of Manhattan's
Chinatown, which was omitted
from eligibility for a Small Business
Administration loan program for
NYC's hardest-hit minority business
neighborhoods—despite being touted in
the marketing, according to Grace Young,
a James Beard Award-winning cookbook
author, who has chronicled the effects of
the pandemic on NYC's Chinatown.
10013
Foodservice sales for 2021,
according to the National
Restaurant Association's
projection. This
would represent an
11 percent increase
from last year.
$
731
billion
by the numbers
This issue of Specialty Food takes a deep dive into the e‡ects of COVID-19
on one of the hardest-hit industries, as well as its prospects for the future.
Here are some facts and figures from this foodservice-themed issue.
The cost of the Restaurant Revitalization
Fund, part of President Biden's American
Rescue Plan Act. As part of the fund,
restaurant owners with 20 or fewer
locations can apply for tax-free grants
of up to $5 million per location, or up to
$10 million for multi-location operations.
$
28.6
billion
16 years
The average age of the more than
1,000 restaurants in New York
City that had to permanently
close since the state-mandated
lockdown in March 2020 due to
the COVID-19 pandemic.
The increase in sales of shelf-
stable ready-to-drink coffee
with CBD in January 2021,
compared to the prior year,
according to data from
Chicago-based SPINS.
154,000
%
PHOTO–
JIBBY
COFFEE
