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Preble COC hosting Restaurant Revitalization Fund webinar
R-H Staff
PREBLE COUNTY 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.
According to the Small Business Administration, which is tasked with administering the program, the RRF 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, according to officials.
“Area restaurants and other establishments have suffered economically due last year’s shutdown and the continued COVID-19-related regulations,” Preble County Chamber of Commerce Executive Director Leslie Collins said. “So, we are helping make an RRF information session available to our members and all member