Restaurant Revitalization Fund Registration Opens April 30th
The American Rescue Plan Act of 2021 (ARPA), signed by President Biden on March 11, 2021, provided over $25 billion to a Restaurant Revitalization Fund (RFF), administered by the U.S. Small Business Administration. Under this bill, restaurants, food trucks, lounges, bars and other eligible entities will be eligible to receive a grant of up to $10 million and are limited to $5 million per physical location.
The SBA recommends that everyone register to apply for the RRF grant on April 30
th at 9 AM EST at https://restaurants.sba.gov/. Eligible entities that use Toast or Square as their POS system will apply through the Toast or Square platform.
Applications for all “eligible” entities will be accepted starting May 3
rd at 12 PM EST. The application process will be located online at https://restaurants.sba.gov/.
We are assisting our clients through general consulting for the RRF process. If you would like to receive assistance, please press the “Sign-Up Today” button below.
For More Information on the Restaurant Revitalization Fund and eligibility requirements, click here.
Cherry Bekaert Can Assist with
Restaurant Revitalization Fund Application Process
Questions on Restaurant Revitalization Fund Services?
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