The National Restaurant Association has identified a new opportunity with the Restaurant Revitalization Fund (RRF), which appropriated $28.6B in funding for grant awards to restaurants that saw their gross receipts fall in 2020

National Restaurant Association advocates for RRF grant replenishment of $60B

Advocacy in Congress needed to elevate importance of new legislation

The National Restaurant Association has identified a new opportunity with the Restaurant Revitalization Fund (RRF), which appropriated $28.6B in funding for grant awards to restaurants that saw their gross receipts fall in 2020. A RRF Replenishment Act being introduced in Congress would provide for another $60B in funding to the Small Business Administration (SBA) to continue supporting the industry with grants even after the SBA closed the portal for grant applications.

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The National Restaurant Association published a Next Steps Guide for restaurant owners that applied for and received Restaurant Revitalization Fund (RRF) grants, and is also providing an expense tracker

National Restaurant Association publishes resource guide, expense tracker for RRF

Next Steps Guide helpful for restaurant owners who received Restaurant Revitalization Fund awards

The National Restaurant Association published a Next Steps Guide for restaurant owners that applied for and received Restaurant Revitalization Fund (RRF) grant awards, and is also providing an expense tracker. The tracking tool was developed in partnership with the American Institute of Certified Public Accountants.

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The Small Business Administration announced that $2.7B in Restaurant Revitalization Fund grants have already been disbursed and reported that more than $23B has been requested thus far

SBA announces $2.7B RRF grant funds disbursed, more than $23B requested

147,000 applications received from women, veterans and disadvantaged groups

The Small Business Administration announced that $2.7B in Restaurant Revitalization Fund grants have already been disbursed and reported that more than $23B has been requested thus far. A total of 21,000 restaurants have received funding since the application process opened on May 3, 2021 for the $28.6B relief program.

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The Small Business Administration reported that in the first two days of receiving applications for the Restaurant Revitalization Fund, there was an incredible amount of interest evident

Nearly 200,000 Restaurant Revitalization Fund applications received in first two days: SBA

Over half of applications received from targeted disadvantaged groups, women, minorities

The Small Business Administration reported that in the first two days of receiving applications for the Restaurant Revitalization Fund, there was an incredible amount of interest evident. A total of 186,200 applications came from all 50 of the United States, Washington, DC and five US Territories.

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As restaurant operators register for the Restaurant Revitalization Fund (RRF) application, they are turning their attention to the start time for submitting the actual application: 12 p.m. today, May 3, 2021

SBA RRF application opening, step-by-step guide available

Restaurant revitalization fund grants to be oversubscribed, timing is key

As restaurant operators register for the Restaurant Revitalization Fund (RRF) grants, they are turning their attention to the start time for submitting the actual application: 12 p.m. today, May 3, 2021. Once registered, restaurants can submit their application at restaurants.sba.gov and register & apply through a partner POS provider. (No separate registration is needed when using a POS web application.)

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The US Small Business Administration announced that registrations for the Restaurant Revitalization Fund application will begin Friday, April 30, 2021 at 9 a.m. EDT

SBA opens RRF registration, application process

Restaurant Revitalization Fund registration begins April 30, 2021

The US Small Business Administration announced that it will start accepting Restaurant Revitalization Fund grant applications Monday, May 3, 2021 at 12 p.m. EDT. As a precursor, eligible restaurant operators can begin registering in the SBA’s system starting Friday, April 30, 2021 at 9 a.m. EDT.

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The US Small Business Administration is working with point-of-sale providers to implement technology to help restaurant operators submit a Restaurant Revitalization Fund application

Small Business Administration partners with POS providers to ease restaurant access to RRF application

Clover, NCR, Square + more support application, preparation process

The US Small Business Administration is working with point-of-sale providers to implement technology to help restaurant operators submit a Restaurant Revitalization Fund application. Isabella Casillas Guzman, Small Business Administration (SBA) administrator, says that the collaboration is one of several creative and innovative ways the SBA is working to connect with entrepreneurs in underserved communities.

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A main feature of the Restaurant Revitalization Fund will be a new federal program for restaurant owners with 20 locations or less

Restaurant Revitalization Fund delivers support to restaurants through grants

Fund bringing much-needed $28.6B to restaurant operators

With the signing of the American Rescue Plan, restaurant operators will get much-needed support for their operations, according to the National Restaurant Association. Part of the Act, signed into law by President Joe Biden, includes the Restaurant Revitalization Fund (RRF), bringing $28.6B to the table to help the restaurant industry, which has seen a loss of $255B in sales and 110,000 restaurant closures.

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