Friday, May 7, 2021

SBA Restaurant Revitalization Fund

SBA Restaurant Revitalization Fund

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.

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
  • Brewpubs, tasting rooms, taprooms
  • Breweries and/or microbreweries 
  • Wineries and distilleries 
  • Inns 
  • Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

Learn more about on their website here https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund

SBA Restaurant Revitalization Fund
SBA Restaurant Revitalization Fund


"Thank you to all who registered and attended yesterday’s informative session on the Restaurant Revitalization Fund with Dan Martiniello from the SBA.  ….and the Chamber is here to help you!

Attached is Dan’s presentation.  And if you want to watch or listen, the video link is below.  Dan also provided links to help make life easier for you as well.  These links are below.  If you need further assistance or direction, please feel free to contact you local Chamber and we will direct you to the right people to help you!

RRF Registration Link:   SBA Restaurant Revitalization Fund::<https://restaurants.sba.gov/requests/borrower/login/?next=/>

RRF Sample Application: SBA Form 3172 Restaurant Revitalization Funding Application (Sample only)<https://www.sba.gov/sites/default/files/2021-04/SBA%20Form%203172%20RRF%20Application%204.20.21-508.pdf>

RRF Program Guide Updated 4/28/21: Restaurant Revitalization Funding Program Guide as of April 28, 2021 (sba.gov)<https://www.sba.gov/sites/default/files/2021-04/Restaurant%20Revitalization%20Fund%20Program%20Guide%20as%20of%204.28.21-508_0.pdf>

RRF FAQs: Restaurant Revitalization Fund Knowledge Base – SBA Restaurant Program (zendesk.com)<https://ussbaforgiveness.zendesk.com/hc/en-us/categories/360005965311-Restaurant-Revitalization-Fund-Knowledge-Base>

RRF Website Informational Landing Page on SBA.gov: Restaurant Revitalization Fund (sba.gov)<https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund>

Video of Info Session:  https://www.youtub
e.com/watch?v=-wdoCyMa_3E&t=4s"


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