Press Release Details

Grubhub CEO letter to President Trump in support of independent restaurants

03/19/2020

The Honorable Donald J. Trump
President
The White House
1600 Pennsylvania Ave, NW
Washington, DC 20500 


The Honorable Nancy Pelosi
Speaker of the House of Representatives
United States Capitol
Washington, DC 20515


The Honorable Mitch McConnell
Majority Leader
United States Senate
Washington, DC 20510


Dear Mr. President, Speaker Pelosi, and Majority Leader McConnell:

Grubhub is the leading online and mobile food-ordering and delivery marketplace with the largest network of restaurant partners in the United States, as well as more than 22 million active diners. With over 100,000 SMB restaurant partnerships across the country, we are proud of our ability to help drive local revenue by connecting diners with the food they love from their favorite local restaurants.

During this unprecedented time in our country, restaurants are on the front lines of the struggle to continue to feed Americans. Since the crisis began, Grubhub has been working with state and local officials around the country to support our local independent restaurant community and lend support for efforts to keep the doors open to our restaurants for delivery and take-out.  And while we applaud our government leaders and their efforts to minimize the COVID-19 impact and keep the American people safe, we know that without these release valves of delivery and pickup, many of our nation's independent restaurants will not survive.

To provide our independent restaurants some relief, Grubhub has launched an aid package which includes deferred payments for our independent restaurants providing much needed cash flow relief until this crisis is over. We have also established the Grubhub Community Relief Fund which will pay cash grants to organizations supporting independent restaurants and food delivery drivers.

However, we know that the needs of the restaurant industry during this unprecedented time are beyond our control. The National Restaurant Association anticipates sales to decline by $225 billion during the next three months alone, which could prompt the loss of between five and seven million jobs. I am calling on you to support the $325 billion aid package proposed by the NRA which would establish a much needed industry recovery fund, provide for business interruption insurance, as well as much needed loan and tax relief. Specifically, the proposal would authorize the following:

  • The Department of Treasury to create a $145 billion Restaurant and Foodservice Industry Recovery Fund.
  • $35 billion for Community Development Block Grants for Disaster Relief (CDBGDR) assistance.
  • $100 billion in Federally-Backed Business Interruption Insurance
  • $45 billion in expanded access to effective, efficient and affordable federal and conventional loans.
  • $130 million in Disaster Unemployment Assistance (DUA)

If enacted, these measures would ensure that restaurants have the necessary liquidity and access to critical financing to help them survive the dramatic loss in profits caused by COVID-19.

Restaurants are the heart and soul of our communities and we must do everything we can to get them through this time of incredible uncertainty.  

Thank you for your leadership.

Sincerely,

Matt Maloney

Founder and CEO

 

cc:          Honorable Steven Mnuchin, Secretary of the Treasury
       Honorable Chuck Schumer, Senate Democratic Leader
       Honorable Kevin McCarthy, House Republican Leader
       Honorable Mark Warner, U.S. Senate



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