Update on Restaurant Revitalization Fund

Friday, May 21, 2021

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses

Program details

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. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.



Who can apply

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 (onsite sales to the public comprise at least 33% of gross receipts)
  • Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
  • Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
  • Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
  • Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
  • Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

 

Allowable use of funds

Funds may be used for specific expenses including:

  • Business payroll costs (including sick leave)
  • Payments on any business mortgage obligation
  • Business rent payments (note: this does not include prepayment of rent)
  • Business debt service (both principal and interest; note: this does not include any prepayment of principal or interest)
  • Business utility payments
  • Business maintenance expenses
  • Construction of outdoor seating
  • Business supplies (including protective equipment and cleaning materials)
  • Business food and beverage expenses (including raw materials)
  • Covered supplier costs
  • Business operating expenses

 

How to apply

You can apply through SBA-recognized Point of Sale (POS) vendors or directly via SBA in a forthcoming online application portal: https://restaurants.sba.gov.

Click here to access PDF sample of the application:

SBA access to RRF Application PDF

See also

Restaurant Revitalization Fund

More Business Resources

Monday, May 24, 2021
Are you & your employees vaccinated?

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses

Friday, May 7, 2021
Fordham Road Bucks

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses

Friday, June 11, 2021
Fordham Road Sidewalk Sales Are Back

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses

Thursday, May 20, 2021
Covid-19 Pandemic Restrictions

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses

Friday, June 11, 2021
Small Business Recovery Grant

Restaurant Revitalization Fund (RRF) established to help restaurants and other eligible businesses