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Restaurant Revitalization Fund Application Process and Guidelines Update | Lewitt Hackman

To embed, copy and paste the code into your website or blog: The Small Business Administration (SBA) released key details on application requirements (RRF Application), eligibility and a program guide (RRF Program Guide) for the Restaurant Revitalization Fund (RRF) on April 19, 2021. The RRF provides financial relief for eligible restaurants and related food and beverage service businesses with $28.6 billion of tax-free federal grants if their revenue in 2020 was less than their revenue in 2019. The SBA is the administrator of the RRF. The SBA will test a seven-day pilot program for the RRF application portal. Following the pilot program, the application portal will be opened to the public. During the first 21 days of the program, priority will be given to eligible small businesses owned and controlled by women, small businesses owned and controlled by veterans, and socially and economically disadvantaged small businesses. Following the 21-day period, all eligible applicants

Shuttered Venue Grant to Reopen Monday Following Delays

After experiencing technical difficulties, the Small Business Administration was aiming to reopen the Shuttered Venue Operators Grant (SVOG) application this weekend but it will, finally, reopen on Monday, April 26 at 12 PM ET. Per the online portal, the SVOG program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. Submissions will be reviewed on a first-come-first-served basis. Venues that have lost 90% or more of revenue will take priority over the first two weeks, followed by venues that have lost 70% or more revenue over the next two weeks, and so on.

Heritage Commerce Corp Earns $11 2 Million for the First Quarter of 2021

Heritage Commerce Corp Earns $11 2 Million for the First Quarter of 2021
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SBA Opens Shuttered Venue Operators Grants for Applications | News, Sports, Jobs

SBA Opens Shuttered Venue Operators Grants for Applications Apr 23, 2021 WASHINGTON The U.S. Small Business Administration officially opened the Shuttered Venue Operators Grant application portal this month for operators of live venues, live performing arts organizations, museums and movie theaters, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief, as those eligible entities are some of the first that had to shutter their doors a year ago in response to the COVID-19 pandemic. “Concerts, plays, dance performances, movie premieres, museum exhibits these are the lifeblood of culture and community, and often the anchor for travel, tourism and neighborhood food and retail stores. We know that for the stage and venue operators across the nation that help make this culture happen, the pandemic has been devastating. Too many have been forced to lower the final curtain on their businesses. Today, with more than $

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