News Flash

DCED

Posted on: May 3, 2021

SBA Now Accepting Applications for the Restaurant Revitalization Fund

๐—ง๐—ผ๐—ฑ๐—ฎ๐˜† ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐˜†! SBA will begin accepting #RestaurantRevitalizationFund applications through the application portal starting at 12pm ET.  The application portal will remain open to any eligible establishment until all funds are exhausted. 
If you haven't yet, register for an application portal account at https://restaurants.sba.gov. If you are working with 
Square
or
Toast, Inc.
, you don't need to register.
๐Ÿ”— For a sample application, user guide, and more go to:  https://www.sba.gov/restaurants
โ˜Ž๏ธ For additional help with your application, call: 1-844-279-8898


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.

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