What does Biden's COVID-19 relief bill mean for restaurants?

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What does Biden's COVID-19 relief bill mean for restaurants?
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The new stimulus package includes $28.6 billion in grants for the restaurant industry

, the grant amount will be"calculated by subtracting the 2020 revenues of the entity from the 2019 revenues." Restaurants that did not operate for all of 2019"can receive the difference between 12x the average monthly revenue for 2019 and revenues of the eligible entity in 2020." Restaurants that did not open until 2020 can receive a grant"equal to the amount of expenses incurred by the entity minus any revenues received.

Restaurants can also request"additional amounts" to pay for 10 days of paid sick leave per employee for"the illness of the individual employee, care during the illness of the employee's immediate family, or child care due to COVID-19-related school closures." Restaurants and establishments that already received aid under the Paycheck Protection Program or an Economic Injury Disaster Loan can still receive a grant, but the maximum value of the grant would be reduced by the amount of PPP or EIDL funds that were already spent,

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