NEWS! SBA Restaurant Revitalization Program Opens May 3

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Indiana District Office  

u s small business administration

SBA Administrator Guzman Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund

RRF

 

Fund prioritizes direct relief to women, veterans, and socially and economically disadvantaged individuals, and includes $9.5 billion in set-asides for smaller businesses

 

Isabella Casillas Guzman

WASHINGTON - SBA Administrator Isabella Casillas Guzman today announced the U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. 

“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,” said Administrator Guzman. “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, which have suffered the most, can access this critical relief, recover, and grow more resilient.”

Established under the American Rescue Plan, and signed into law by President Joe Biden on March 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. 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. Funds must be used for allowable expenses by March 11, 2023.

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Program details

The Restaurant Revitalization Fund (RRF) provides 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.

Registration begins Friday, April 30, 2021, at 9 am ET and applications will open on Monday, May 3, 2021, at 12 am ET. The online application will remain open to any eligible establishment until all funds are exhausted. 

RRF details

Resources in multiple languages

Have a question? Find an answer in the RRF knowledge base which hosts information in more than 17 languages!  Want to talk to someone on the phone?  Call the RRF Center Support at 1-844-279-8898 and translation services will be provided.

Also on the knowledge base:

You can also review the RRF sample application, program guide, and cross-program eligibility chart on the SBA COVID-19 relief options page. 

RRF knowledge base

 

Training webinars

April 28, 1 pm ET

SBA Public Private Strategies Institute logo

 

National RRF Training: Application Overview

 

 

Join the U.S. Small Business Administration and the Public Private Strategies Institute for a national briefing on Wednesday, April 28 at 1 p.m. ET about the new $28.6 billion Restaurant Revitalization Fund (RRF). This briefing is cosponsored by the SBA and PPSI.  SBA Administrator Isabella Casillas Guzman will kick off the event.

Register now

Disclaimer:
Co-sponsorship Authorization # 21-0501-14: The SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products, or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.

Reasonable Accommodation:
Reasonable accommodations for persons with disabilities will be made if requested at least 24 hours in advance of this event; please send an email with the subject header ACCOMMODATION REQUEST to reasonableaccommodation@sba.gov. This event will be recorded and available on sba.gov with subtitles within a few days after the event. For assistance with registration or other technical difficulties, please contact Stephan Jordan at events@publicprivatestrategies.com.

April 28, 2:30 pm ET

SBA RRF Application Portal Training

This training includes an overview of RRF and a demonstration on how to complete an application in the RRF portal.

Register now

April 30, 2 pm ET

Restaurant Revitalization Fund: Overview for Indiana Restaurants

Indiana restaurants are invited to join us for an overview of the Restaurant Revitalization Fund (RRF), which will provide emergency assistance for restaurants and other eligible businesses (caterers, bakeries, breweries, etc.) that have been negatively affected by the pandemic.

Register now

May 3, 2 pm ET

Restaurant Revitalization Fund:  Focus on Women-Owned Businesses

Brought to you by SBA Indiana and the Central Indiana Women's Business Center this RRF overview also provides information on resources available for Women-Owned businesses.

Register now

May 5, 2 pm ET

Restaurant Revitalization Fund: Focus on Minority-Owned Businesses

This RRF overview also includes a panel of experts providing resources and tools for minority-owned small businesses.

Register now

May 7, 2 pm ET

Restaurant Revitalization Fund: Focus on Veteran-Owned Businesses

After an RRF overview, Abron Andrews of VetBiz Central will join us to talk about resources for veterans and the VOSB/SDVOSB certification process.

Register now

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