News Flash

Downtown News

Posted on: April 30, 2021

Restaurant Revitalization Fund

Restaurant Revitalization Fund

The Restaurant Revitalization Fund from the US Small Business Administration provides emergency assistance for eligible restaurants, bars and qualifying establishments impacted by COVID-19.

Applications will open on Monday, May 3, 2021, at noon ET. See HOW TO APPLY for more detail.

Program Details
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.

Additional Info.
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