Economic relief prioritized for underserved communities
SBA Administrator Isabella Casillas Guzman today announced key details on
application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund
(RFF). The restaurant industry has been among the hardest-hit sectors during the economic
downturn caused by the COVID-19 pandemic. To help bring jobs back and revive the industry, the
American Rescue Plan, signed into law by President Joe Biden, established the $28.6 billion 2
Restaurant Revitalization Fund at the U.S. Small Business Administration (SBA). The SBA will
administer the funds to the hardest-hit small restaurants.
“Today, we are starting the process to help restaurants and bars across the country devastated by
the pandemic, and this is our message: Help is here. With the launch of the Restaurant
Revitalization Fund, we’re prioritizing funding to the hardest-hit small businesses – irreplaceable
gathering places in our neighborhoods and communities that need a lifeline now to get back on
their feet,” said SBA Administrator Isabella Casillas Guzman. “And, thanks to clear directives from
Congress, we’re rolling out this program to make sure that these businesses can meet payroll,
purchase supplies, and get what they need in place to transition to today’s COVID-restricted
marketplace.”
Administrator Guzman emphasized, “We’re also focused on ensuring that the RRF program’s
application process is streamlined and free of burdensome, bureaucratic hurdles – while still
maintaining robust oversight. Under my leadership, the SBA aims to be as entrepreneurial as the
entrepreneurs we serve – and that means meeting every small business where they are, and giving
them the support they need to recover, rebuild and thrive.”
Under this announcement, details on application requirements, eligibility, and a program guide are
now available in English at www.sba.gov/restaurants or in Spanish at www.sba.gov/restaurantes.
The SBA Orange County / Inland Empire District Office will host an informational webinar on
Wednesday, April 28, 2021 from 11am to Noon PDT
Register at: https://www.eventbrite.com/e/151871009277
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About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a
reality. As the only go-to resource and voice for small businesses backed by the strength of
the federal government, the SBA empowers entrepreneurs and small business owners with
the resources and support they need to start, grow or expand their businesses, or recover
from a declared disaster. It delivers services through an extensive network of SBA field offices
and partnerships with public and private organizations. To learn more, visit www.sba.gov.
Click Here for Additional Information : RRF Simplified #2 English
Register today at: https://bit.ly/3tMFp53
Click Here for information on how you can benefit from the SBA’s Restaurant Revitalization Fund. Pre-register for webinar on April 28th at 11:00 AM – 12:00 PM through this link: RRF 04_28_21 MTEAMS FLYER
