UPDATE | Restaurant Revitalization Fund
Applications open for the Restaurant Revitalization Fund on Monday, May 3, 2021.
On March 11, the American Rescue Plan Act of 2021 created the $28.6 billion Restaurant Revitalization Fund to provide grants for restaurants sustaining financial losses due to the COVID-19 pandemic. The U.S. Small Business Administration (SBA) is administering the program, and will be issuing the necessary federal rules, regulations, and applications before grant funds are distributed.
Check out who's eligible for this program. Registration for the SBA application portal will begin on Friday, April 30, 2021, at 9 am ET. Applications will open on Monday, May 3, 2021, at noon ET.
Visit restaurants.sba.gov for more information.