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Restaurant Revitalization Fund

Summary

SBA overview of the Restaurant Revitalization Fund (RRF), established by the American Rescue Plan Act to help restaurants and other eligible businesses keep their doors open. It says the program provides funding equal to pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location, which recipients need not repay if the funds are used for eligible uses no later than March 11, 2023. Eligible entities include restaurants, food trucks, caterers, bars and other food and drink businesses, some only if onsite sales make up at least 33% of gross receipts. It explains that applicants can apply through SBA-recognized point-of-sale restaurant partners or the online portal at restaurants.sba.gov, and where to get help.

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Full text

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 provides 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.

Visit www.sba.gov/restaurants for more information.

Who can apply
Eligible entities who have experienced pandemic-related revenue loss including:

o   Restaurants                                            o   Bakeries*
o   Food stands, food trucks, food carts                   o   Brewpubs, tasting rooms, taprooms*
o   Caterers                                               o   Breweries and/or microbreweries*
o   Bars, saloons, lounges, taverns                        o   Wineries and distilleries*
o   Snack and nonalcoholic beverage bars                   o   Inns*
o   Licensed facilities or premises of a beverage
    alcohol producer where the public may taste,
    sample, or purchase products

* If onsite sales to the public comprise at least 33% of gross receipts

How and when to apply
You can apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming
online application portal that will be available at https://restaurants.sba.gov.

SBA will announce when the application is opening via email and on social media. You can subscribe to our
email alerts at www.sba.gov/updates or find our social media accounts at www.sba.gov/social-media.

Additional documentation may be requested when you apply. See the full list at www.sba.gov/restaurants.

Get help with your application
For assistance preparing your application, you can access the following:

    o   Call center support: 1-844-279-8898 (Hours: Monday-Friday 8am-8pm ET)
    o   Your local SBA District Office at www.sba.gov/local-assistance
    o   A sample application form and a detailed program guide are available in multiple languages at
        www.sba.gov/restaurants.


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2021-04_Restaurant-Revitalization-Fund-Overview-508_0.pdf
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Our copy
2021-04_Restaurant-Revitalization-Fund-Overview-508_0.pdf
Original
www.sba.gov
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