President Trump announced a $50 billion aid package to support small businesses impacted by the COVID-19 emergency, including a major block of federally sponsored funding to small businesses through the Small Business Administration (“SBA”). [Trump Calls for $50B in SBA Loans to Combat COVID-19] SBA will administer loans to impacted businesses through the Economic Injury […]
Do I Still Have to Pay Taxes During the Pandemic
Please verify any tax questions with your own accountant. The MRA will not be held liable for any misinformation here. This page is meant to help you and you are responsible for your own tax deadlines. Sales Tax and Payroll Tax The governor is not suspending sales, franchise and excise, or payroll taxes currently. They […]
GoFundMe by Edible Memphis
Edible Memphis has started a fund that can be accessed by workers whose hours have been curtailed or eliminated because of this crisis and who are not being otherwise compensated. Though the assistance now is just for industry workers, in the future it may also be used for short-term loans to business owners who have […]
Relief Grants for the Hospitality Industry
The Community Foundation of Memphis is starting a fund for temporary grants for those affected by the loss of work. Hosted by the Community Foundation of Greater Memphis Foundation, the Mid-South COVID-19 Regional Response Fund will provide flexible funding to organizations working with community members who have been impacted by novel coronavirus and the economic […]
How to File Loss of Income Insurance
Our sources in the insurance industry recommend this: The ‘loss of business’ insurance is not covered under the COVID-19 pandemic, however, they are recommending we file the claim. You will likely have a claim dollar amount listed in your policy. It will likely get turned down. However, if State or Federal legislation intervenes and if […]
Act Now US Travel Petition – Sign By Noon Friday Mar 20
ACT BY NOON FRIDAY: Join Our Industry Sign-On Letter for financial support to travel-dependent businesses Please sign this petition which will go to Congress. We can all take action right now. By noon ET tomorrow, March 20, please sign onto this industry letter that will be sent to Congress. Please share this link with your […]
ALERT!!! Mandate to Close ALL Restaurants- Dine-In Only will come from Mayor Strickland this afternoon!
Dear MRA Members, Associate Members and Non-Member Restaurants! I am sorry to say that we just got word from Mayor Strickland’s office that he will mandate the shut-down of restaurants. This pertains to dine-in only. You will still be able to operate take out, to-go, drive-thru, curbside and delivery options. Strickland declares civil emergency; bars, […]
COVID-19 update from MRA
Monday, March 16, 2020 A note from the Memphis Restaurant Association to all Membership, Non-Members, MMHLA & the Memphis Community in Response to the COVID-19 situation. Our lives are changing rapidly in uncharted territory with the outbreak of the Novel Coronavirus. We have posted notices on good hygiene from the CDC and the local Health […]
Restaurant Properties Available
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