With the economy seemingly looming into a recession the restaurant business across Amarillo and America are getting hard hit by the COVID-19 pandemic.

Most Amarillo restaurants are making due with take out or drive through service while some are not. Logan’s Roadhouse has closed all of its restaurants, and furloughed all employees. Today it was announced by Logan’s Roadhouse parent company, Craftworks Holdings that all furloughed employees have now been permanently terminated after a lender withdrew financing to keep the bankrupt company in operation until it could emerge from Chapter 11 protection.

Credit: Craftworks Holdings
Credit: Craftworks Holdings

The financing was withdrawn because of the “unprecedented and unforeseen outbreak of COVID-19,” the company, Craftworks Holdings, said in a court filing. All of the restaurants have been closed. “The debtors hope that they will be able to restart their operations at some point in the future, but there are many preconditions to a restart, including the obtaining of financing, the hiring of staff, and the ability to create a coherent and profitable business plan,” Craftworks said of itself in the filing. “The shutdown could persist for a prolonged period time, if not permanently.”

To read the court filing click here.

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