SBA Announces Launch of Restaurant Revitalization Fund

Posted on Apr 20, 2021 in COVID-19, News

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

Program overview  

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. 

Sign up to receive email alerts from SBA as additional information about the Restaurant Revitalization Fund becomes available. 

For details on eligibility, priority groups and how and when to apply, please see https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund