May 03, 2021

Restaurant Revitalization Fund opens Monday

The American Rescue Plan established the Restaurant Revitalization Fund to help restaurants and other eligible businesses keep their doors open, and applications will open on Monday, May 3, although eligible applicants can begin registering for the grant application portal today, Friday, April 30. This program will provide restaurants with funding equal to their pandemic-related revenue loss 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. Additional information is available here.