HEADS UP – A Major Opportunity for Businesses That Serve Food and Beverages
The SBA’s Restaurant Revitalization Fund will begin accepting applications next Monday and will provide eligible businesses with funding equal to their pandemic-related revenue up to $10 million per business, and $5 million per physical location.
Restaurants, food trucks, caterers, breweries & distilleries, bakeries, snack bars, inns, and more are among the businesses that may be eligible. Program requirements for the age of the business are much more flexible than other programs and allow for businesses that opened during the pandemic, as well as for those that have not yet opened for sales but incurred eligible expenses as of March 11, 2021.
Spread the word to those that may be able to take advantage of this program. And if eligible, start getting your application documentation together now!