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$28 6 billion Restaurant Revitalization Fund will begin accepting applications on Monday to provide possible grants to businesses affected by COVID

$28.6 billion Restaurant Revitalization Fund will begin accepting applications on Monday to provide possible grants to businesses affected by COVID Updated Apr 30, 2021; Posted Apr 30, 2021 Facebook Share Food service establishments including bars, restaurants, food trucks, breweries, bakeries and wineries can begin applying for $28.6 billion in forgivable loans beginning Monday. Businesses can apply for up $10 million through funding made available by the American Rescue Plan. Preregistration is currently available through the Small Business Association website and applications can start to be submitted Monday at noon. The American Rescue Plan established the Restaurant Revitalization Fund to help restaurants and other food service-related businesses to remain open after economic hardships endured during the COVID-19 pandemic.

SBA Releases New Guidance for the Restaurant Revitalization Fund s Application Process | Burr & Forman

SBA Releases New Guidance for the Restaurant Revitalization Fund s Application Process | Burr & Forman
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SBA announces requirements for upcoming Restaurant Revitalization Fund

The Small Business Administration announced details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund. This funding is part of the American Rescue Plan that was signed into law by President Biden. The money goes to help small businesses affected by the COVID-19 Pandemic recover.

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