GET FUNDING HELP BEFORE FUNDS RUN OUT AGAIN FOR GOOD!
Restaurant Revitalization Fund (RRF)
The Restaurant Revitalization Fund program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.
Additional Information
The program provides restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss of up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Previously, the RRF was only able to fund approximately $28.6 billion for 101,000 restaurants, leaving 177,000 restaurants behind for over one year. This means that you had a 64% chance of DENIAL!
Additionally, there was a priority period for certain businesses, and those ended up being the only ones that had a chance of funding. We will get you priority with our former SBA RRF Specialists, so you can ensure the highest possibility to get funded.
We have the highest approval and funding rates for our clients, among multiple government programs, including the last RRF. Don’t risk getting left out again. If you qualify, we will help you get your grant before they run out this final time! Let our former SBA RRF specialists who approved thousands of RRF applications before qualify yours for approval too!
Who Can Apply?
☐ Restaurant
☐ Food stand, food truck, food cart
☐ Caterer
☐ Bar, saloon, lounge, tavern
☐ Brewpub, tasting room, taproom (Eligibility requires onsite sales to the public comprising at least 33%
of gross receipts)
☐ Inn (Eligibility requires onsite sales of food and beverage to the public comprising at least 33% of gross
receipts)
☐ Licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or
purchase products
☐ Other similar place of business in which the public or patrons assemble for the primary purpose of
being served food or drink
☐ Snack and Nonalcoholic Beverage Bar
☐ Bakery (Eligibility requires onsite sales to the public comprising at least 33% of gross receipts)
☐ Brewery and/or microbrewery (Eligibility requires onsite sales to the public comprising at least 33% of
gross receipts)
☐ Winery (Eligibility requires onsite sales to the public comprising at least 33% of gross receipts)
☐ Distillery (Eligibility requires onsite sales to the public comprising at least 33% of gross receipts)
Maximum Award Amounts
SBA may provide funding up to $5 million per location, not to exceed $10 million total for the applicant and any affiliated businesses. The minimum award is $1,000.
Allowable Use of Funds
Funds may be used for specific expenses including: Business payroll costs (including sick leave) Payments on any business mortgage obligation Business rent payments (this does not include prepayment of rent) Business debt service, both principal and interest (this does not include any prepayment of principal or interest) Business utility payments Business maintenance expenses Construction of outdoor seating Business supplies (including protective equipment and cleaning materials) Business food and beverage expenses (including raw materials) Covered supplier costs Business operating expenses
Use of Funds Validation
All RRF recipients have until March 11, 2023 to use award funds. Not later than December 31, 2021 all recipients are required to report through the application portal how much of their award has been used against each eligible use category.