Starting at 12:00 p.m. today, restaurant and foodservice operations could apply for a grant through the $28.6B Restaurant Revitalization Fund (RRF). Applicants must register with SBA in order to submit an application (unless you are applying through your point-of-sale vendor).
We encourage all operators to apply as soon as possible, as there will likely not be enough funds to fulfill every application with the current round of funding. For the first 21 days, the fund prioritizes applications from women, veterans, and socially and economically disadvantaged individuals, and reserves $9.5 billion for smaller businesses.
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Click here to review a new step by step guide to applications from the National Restaurant Association
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Click here to review the updated FAQ sheet from the National Restaurant Association
SBA recommends that operators familiarize themselves with the application process to ensure a smooth and efficient application experience, specifically by:
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If you have questions or would like additional information, please contact any of our Labor & Employment attorneys or the primary EGS attorney with whom you work.
