SBA Restaurant Revitalization Fund

Restaurant Revitalization Fund
Restaurant Revitalization Fund 2

Executive Summary

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide 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.

See more SBA Restaurant Revitalization Fund program details here.

Application Timeline

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.

Back to Blog Listing

Other Blogs

How to Scale Your Business

Most entrepreneurs dream of scaling their business. However, scaling your business is not a walk in the park. Along the way, you’ll face a lot of competition and challenges that might hinder your business growth plans. In this post, we’ve listed below some tips to help ensure the success of your expansion plans.

Read More

How Would 2020 Prime us for Remarkable Successes in 2021?

We have a plan and a calendar of events for the new year, built on the foundation of a super active 2020 which, despite Covid-19, concluded with a very strong close in December. Our experiences and accomplishments these past 10 months further bolstered the foundation for our work in the future, especially helping small businesses recover from the health and economic disruptions of the pandemic.

Read More