The Restaurant Revitalization Fund (RRF) is designed to help restaurants and other eligible businesses keep their doors open.
Applications open May 3rd through the Small Business Administration. For the first 3 weeks, only applications from restaurants and other eligible businesses that are majority-owned by women, veterans and “socially and economically disadvantaged” applicants will be processed and paid out, although any restaurant can apply. After that, grants will be funded in the order that they’ve been approved by the SBA.
Recipients are not required to repay the grants as long as funds are used no later than March 11, 2023 for eligible uses.
The RRF grants, up to a maximum of $10 million, are aimed at replacing lost, pandemic-related revenue for eligible applicants for up to 20 locations. Businesses with more than one restaurant can get up to $5 million per location, but each applicant is limited to a total of $10 million in funds.
Eligible applicants:
- Restaurants
- Food stands, food trucks, food carts
- Caterers
- Bars, saloons, lounges, taverns
- Snack and non-alcoholic beverage bars
- Bakeries
- Brewpubs, tasting rooms, taprooms
- Breweries and/or microbreweries
- Wineries and distilleries
- Inns
- Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
For assistance preparing your application
SBA Call Center: 1-844-279-8898
Hours: Monday-Friday 8am-8pm