Restaurant Revitalization Fund Accepting Applications
$29 Billion Restaurant Revitalization Fund Accepting Applications Restaurants began submitting applications May 3, 2021, to the Small Business Association (SBA) for a grant program geared toward combating the economic impact of COVID-19 on the restaurant industry. The grant program, the Restaurant Revitalization Fund, was allocated $29 billion from the $1.9 trillion economic relief bill passed earlier this year. Through the fund, eligible restaurants can receive up to $10 million per business or up to $5 million for a single physical location. Recipients…