Restaurant and bar owners can apply now for a grant through the SBA’s Restaurant Revitalization Fund program.
The Restaurant Revitalization Fund (RRF) is a $28.6 billion U.S. Small Business Administration fund that opened for applications at 12:00pm EDT today and will provide grants for bars and restaurants with financial losses due to the COVID-19 pandemic. Depending on the size and losses of the business, the grants can range in size from $1,000 to $10 million.
However, we don’t expect these funds to last long, so interested owners should apply ASAP. Here are some key resources to apply:
