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The new Restaurant Revitalization Fund, part of the recently passed American Rescue Plan Act, provides $28.6 billion in grants to restaurants and bars in need.  

View more details on this RRF flyer .  View Restaurant Revitalization Fund Guide

The SBA will begin registrations for the Restaurant Revitalization Fund on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT. The online application will remain open to any eligible establishment until all funds are exhausted.

Restaurant Revitalization Fund

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.

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Registration for the SBA application portal will begin on Friday, April 30, 2021, at 9 am ET. Applications will open on Monday, May 3, 2021, at noon ET. See How to apply for more detail.


HIGHLIGHTS: 
An eligible business may receive a tax-free federal grant equal to the amount of its pandemic-related revenue loss, calculated by subtracting its 2020 gross receipts from its 2019 gross receipts. 
Eligible expenses are those incurred from February 15, 2020 to December 31, 2021, or a date determined by the SBA.

The SBA can adjust awards based on demand and “relative local costs” in the markets where RRF businesses operate. Otherwise;

  • $23.6 billion is available for the SBA to award in an equitable manner to businesses of different sizes based on annual gross receipts.
  • $5 billion is available to businesses with gross receipts of $500,000 or less during 2019.

View more details on this RRF flyer .  View Restaurant Revitalization Fund Guide

What You Need to Know About Restaurant Revitalization Fund Grants

How to Apply

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