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Restaurants are more than just a place to grab a bite to eat or have a drink after a long day. Many serve as the backdrop for celebrating our biggest milestones and connecting with friends and family. Restaurants are embedded into American culture and allow us to experience the culinary traditions of the immigrant communities that are now woven into the fabric of this country. Although we lost many to the pandemic, communities across the country doordashed, grubhubbed and uber ate as much as possible to help keep these cherished establishments afloat.
Now, the government is stepping in to do more. Through the lobbying efforts of the National Restaurant Association, the Small Business Administration has released its first $2 billion in Restaurant Revitalization Funds as part of the American Rescue Plan Act of 2021. If you are a restaurant owner and were not eligible for PPP funds, you may be eligible for RRF proceeds. To find out more, please follow the link for additional program details, applications and answers to frequently asked questions. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund#section-header-2
Quick Fact Sheet - https://restaurant.org/downloads/pdfs/business/faq_revitalization_grants