SBA Restaurant Revitalization Fund Application Portal Now Open
SBA began accepting applications for the Restaurant Revitalization Fund on May 3. The application portal will remain open until all funds are exhausted.
The Restaurant Revitalization Fund provides $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to COVID-19.
For the first 21 days that the program is open, SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, applications will be funded on a first-come, first-served basis. Get details here