Special Briefing on the Restaurant Revitalization Fund
Apr 28, 2021 @ 1:00 pm
Join the U.S. Small Business Administration and the Public Private Strategies Institute for a national briefing on Wednesday, April 28 at 1 p.m. ET about the new $28.6 billion Restaurant Revitalization Fund (RRF). This briefing is cosponsored by the SBA and PPSI.
SBA Administrator Isabella Casillas Guzman will kick off this event. The SBA helps small business owners and entrepreneurs pursue the American dream and is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.
President Biden and the SBA are launching the RRF to ensure restaurants get the help they need. In the American Rescue Plan Act, signed into law on March 11, 2021, Congress appropriated $28.6 billion for the SBA to award relief through the RRF Program until funds are expended. Fund recipients are not required to repay the funding as long as the funds are used for eligible purposes no later than March 11, 2023.
To learn more about the RRF program and application, visit sba.gov/restaurants.