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Application opening begins for $28 6 billion Restaurant Revitalization Fund

HUNTINGTON — Open applications will begin at noon Monday for the Restaurant Revitalization Fund, a federal program to help food establishments that have experienced economic distress and significant operational losses because of the COVID-19 pandemic. The online application will remain open to any eligible establishment until all funds are exhausted, according to Small Business Administration Administrator Isabella Casillas Guzman. “Restaurants are the core of our neighborhoods and propel economic activity on main streets across the nation. They are among the businesses that have been hardest hit and need support to survive this pandemic. We want restaurants to know that help is here,” Guzman said in a news release. “The SBA has focused on the marketplace realities of our food and beverage businesses in designing the Restaurant Revitalization Fund to meet businesses where they are. And we are committed to equity to ensure our smaller and underserved businesses,

SBA reopening Shuttered Venue Operators Grants after site crash - Grand Rapids Business Journal

Grand Rapids Business Journal Courtesy ASM Global The U.S. Small Business Administration fixed a technical glitch and applications will soon reopen for its Shuttered Venue Operators Grant program. The relief program is offering $16.2 billion on a first-come, first-served basis for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives. Those eligible entities are some of the first that had to shut their doors a year ago in response to the COVID-19 pandemic. While some were eligible for Paycheck Protection Program loans, the SVOG program is one of the first relief sources that is tailored specifically to venues and entertainment operators.

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