Restaurant Revitalization Fund Offers Grant To Businesses

The Restaurant, Revitalization Fund (RRF) offers grant awards to restaurants and other hard-hit food service enterprises.  Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.  Women, veterans, minorities, and other socially and economically disadvantaged persons are the priority groups in the first 21 days of the application period.

Owners can apply through SBA-recognized Point of Sale (POS) vendors or directly via SBA in a forthcoming online application portal: https://link.edgepilot.com/s/4c09c7c6/O7pfrqJTqUO4wYyiYt4PWA?u=https://restaurants.sba.gov/.  Eligible entities who have experienced pandemic-related revenue loss include:

• Restaurants
• Food stands, food trucks, food carts
• Caterers
• Bars, saloons, lounges, taverns
• Snack and nonalcoholic beverage bars
• Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
• Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
• Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
• Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
• Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
• Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

Registration for the SBA application portal will begin on Friday, April 30, 2021, at 9 am ET.   Applications will open on Monday, May 3, 2021, at noon ET.