I receive calls, not only during the day but sometimes during weekends, from restaurant owners—independent ones mostly—literally crying over the phone, and saying that before COVID they had $200,000 in the bank, and now they are in debt by $200,000, $300,000, or $500,000. They took additional mortgages on their houses. It's terrible, and extremely difficult.
Yes, during COVID there was a movement through takeout and delivery, but it never covered, or replaced, the full service and the clients we had in our restaurants.