SBA Opens up
Restaurant Revitalization Fund
Grant Application Process
Starting April 30th
After promising that the Restaurant Revitalization Fund (RRF) grant applications would start “in early April”, the Small Business Administration (SBA) is finally opening the process starting April 30, 2021, at 6:00 a.m. PDT. At that time, the SBA will allow potential applicants to register and open accounts to apply.
Applicants can register for an account on the SBA website.
Actual applications may be submitted starting Monday May 3, 2021, at 9am PDT.
The first 21 days that the program is open, the SBA will prioritize awarding funds to small businesses owned by women, veterans, or socially and economically disadvantaged individuals. However, all eligible applicants should submit applications as soon as the online application portal opens.
Following the 21 days, all eligible applications will be funded on a first-come, first-served basis. The SBA will distribute funds in the order in which applications are approved until all available funds are exhausted.
Additional information, including links to an SBA RRF Application Portal Training, can be found on the SBA Restaurant Revitalization announcement page.
Please continue to reach out to RINA professionals with your questions and concerns. Contact RINACARESTeam@RINA.com.