Restaurant Revitalization Fund

On Monday May 3, 2021, the Small Business Administration (SBA) will be accepting grant applications from restaurants suffering revenue loss due to COVID-19. SBA has $29 billion in grant funds to boost the restaurant industry. These funds were allocated in the $1.9 trillion pandemic aid package Congress recently passed. According to the National Restaurant Association, there are more than 110,000 bars and restaurants closed at least temporarily during the pandemic that could potentially qualify for this funding.

More information can be found at www.sba.gov/restaurants or https://www.sba.gov/funding-programs/loans/covid-19-reliefoptions/restaurant-revitalization-fund.