President-Elect Joe Biden on Wednesday voiced support for federal guarantees, rather than loans, to help restaurants survive the COVID-19 pandemic.

Biden, in a virtual roundtable on the economic impact of the coronavirus pandemic, told restaurateurs: “We’ve got to provide you the ability to open, and to open safely. … It should not be a loan; it should be a guarantee.”

The hour-long panel was streamed on YouTube and included restaurant owner Dan Jacobs, who with his business partner, Dan Van Rite, owns and operates JVR Hospitality Group in Milwaukee, Wis.

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