Question:

I am an investor and I recently purchased a restaurant that was established in 1985. The restaurant was closed down before I bought it, and all of its employees were discharged. I have recently re-opened the restaurant under a new corporation, but with the same DBA. I have also re-hired many of the old employees that were previously discharged. This is in a non-regional center area. First, for purposes of EB-5, is this restaurant now considered a new business created after 11/29/1990? Second, since I hired back many of the old employees, will they or will they not count as new hires for job creation purposes? Thanks so much.