Pizzeria that borrowed heavily to keep its workers temporarily shuts down
A Monmouth County pizzeria that drew acclaim for borrowing heavily to keep its workers on the payroll during the coronavirus outbreak was forced to temporarily close.
News 12 Staff
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Apr 7, 2020, 10:21 PM
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Updated 1,723 days ago
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A Monmouth County pizzeria that drew acclaim for borrowing heavily to keep its workers on the payroll during the coronavirus outbreak was forced to temporarily close.
Federico’s in Belmar touched off a wave of pay-it-forward donations for those fighting the virus, including hospital workers, police, firefighters and EMS workers. Its two owners took out a $50,000 line of credit to keep their 20 employees on the payroll for at least two months.
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But the owners said Monday that they were suspending business "to keep our employees, families and customers safe.”