SBA announces closure of Restaurant Revitalization Fund program csbj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csbj.com Daily Mail and Mail on Sunday newspapers.
SBA Administrator Announces Closure of Restaurant Revitalization Fund Program newscenter1.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newscenter1.tv Daily Mail and Mail on Sunday newspapers.
Isabel Guzman announces the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as part of the American Rescue Plan. The program provided much needed economic aid to restaurants and other establishments struggling to make ends meet as a result of the pandemic.
“The $28.6 billion Restaurant Revitalization Fund provided desperately needed relief to more than 100,000 restaurants and other food and beverage businesses across the nation with significant funding going to our hardest-hit, underserved businesses,”
said SBA Administrator Isabel Guzman. “Restaurants are at the center of our neighborhoods and propel economic activity on Main Streets. As among the first to close in this pandemic and likely the last to reopen, many are still struggling to survive. The SBA will continue to work hard to ensure they get the resources they need to recover, rebuild and be resilient.