The U.S. Small Business Administration’s Restaurant Revitalization Fund (RRF) provides funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
For more information on the program visit: Restaurant Revitalization Fund (sba.gov)
Registration will begin on Friday, April 30 at 8 a.m. and applications will open on Monday, May 3 at 11 a.m. The online application will remain open to any eligible establishment until all funds are exhausted.
SBA is hosting two national webinars on the Restaurant Revitalization Fund that will demonstrate how to submit an application through the portal. Both webinars will cover the same content, so choose a time that works for you! One webinar is today (Wednesday, April 27) at 1:30 p.m. and one tomorrow at 2:30 p.m. To register for the webinar visit here: SBA Restaurant Revitalization Fund Application Portal Training Registration, Tue, Apr 27, 2021 at 2:30 PM | Eventbrite.
These webinars will go through the portal for applying and recordings will be available.