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RESTAURANT rEVITALIZATION FUND

BACKGROUND

On March 11, the American Rescue Plan Act of 2021 created the $28.6 billion Restaurant Revitalization Fund to provide grants for restaurants sustaining financial losses due to the COVID-19 pandemic.

The Restaurant Revitalization Fund (RRF) begins accepting applications from eligible entities on Mon., May 3 at 12:00 p.m. ET.

The U.S. Small Business Administration (SBA) is opening a dedicated web portal, in addition to working with Point of Sale (POS) vendor partners, to accept applications.

resources

  • For program details, who can apply, when to apply, how to apply, and application help visit the Restaurant Revitalization Fund page on the Small Business Association website.

Disclaimer: This content is for informational purposes only, and should not be used as legal, tax, investment, financial, or other advice.