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Restaurant Revitalization Fund – Applications Released | Wendel Rosen LLP - Vimarsana News

Restaurant Revitalization Fund – Applications Released | Wendel Rosen LLP

To embed, copy and paste the code into your website or blog: On April 17, 2021, the Small Business Association (SBA) released a comprehensive Restaurant Revitalization Fund (RRF) Program Guide outlining eligibility and the application process. Restaurants and other foodservice entities can now start preparing their RRF Grant Applications (SBA Form 3172).[1] The SBA has explicitly stated not to submit RRF forms at this time. How to Apply? Restaurants and other foodservice entities can apply through SBA-recognized Point of Sale Restaurant Partners or directly with the SBA in a forthcoming onlin...

Restaurant Revitalization Fund – COVID Relief For the Ready! | Wendel Rosen LLP - Vimarsana News

Restaurant Revitalization Fund – COVID Relief For the Ready! | Wendel Rosen LLP

To embed, copy and paste the code into your website or blog: Help is on the way for restaurant owners who were hit hard by the COVID-19 pandemic. On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021  (the “Act’), a $1.9 trillion bill aimed at boosting the American economy during the COVID-19 pandemic. The Act created a $28.6 billion Restaurant Revitalization Fund (RRF). Unlike the Paycheck Protection Program (PPP) loans, the RRF will be administer directly by the Small Business Administration (SBA). What is the RRF grant? An eligible restaurant business may ...