The Restaurant Revitalization Fund
What is the Restaurant Revitalization Fund?
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.
How we can help.
Our team of experienced advisors can walk you through the entire application process. Our team can help determine eligibility, review required documents, explain the application process, and prepare you for proper use of the funds. If you are an exisiting client, please schedule an appointment with your advisor today.
Where to sign-up to work with an advisor.
If you are not an SBDC client, but want assistance regarding the Restaurant Revitalization Fund, you can register for our free and confidential services at: https://www.nysbdc.org/selector/ReqForCons/formo.aspx.
Where to find more information.
You can find more information about the Restaurant Revitalization Fund by visiting the SBA Restaurant Revitalization Fund website. This website provides program details, eligibility requirements, how to apply, when to apply, funding amounts, what you can use the funds for, and more. Visit the website at the link below.
