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Biden touts applications to $28.6B restaurant relief program

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The Biden administration is highlighting early applications for a $28.6 billion program for eateries that closed, shifted to take-out or restricted the number of diners to combat the coronavirus pandemic.

The White House said Wednesday that 186,200 restaurants, bars and other eligible businesses had applied for the program over its first two days of accepting applications.

More than half of the applicants are owned by women, veterans or people from historically disadvantaged backgrounds. The aid for eateries was part of the Biden administration's broader $1.9 trillion coronavirus relief package.

President Joe Biden plans to discuss the program in a Wednesday afternoon speech. The coronavirus outbreak was especially brutal for restaurants.

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