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SBA Restaurant Revitalization Fund Applications Opening

SBA Restaurant Revitalization Fund Applications Opening

April 30, 2021 - The Small Business Administration has announced that the Restaurant Revitalization Fund will open for registration by qualifying restaurants on April 30 at 9 am EST, with these same restaurants able to submit applications beginning May 3 at noon EST.

The initial 21 days of the program will see priority granted to small businesses owned by women, veterans, and individuals disadvantaged socially and/or economically; followed by funding for all eligible applications on the basis of first-come, first-serve.

The agency is recommending that all eligible entities submit applications as soon as the portal opens through either a third party, point of sale vendor recognized by the SBA, or through the SBA itself. To verify eligibility and see a sample application, you can visit the following resources:

Click here for a more detailed overview of entity eligibility, the application process, and calculations.

Click here for SBA Restaurant Revitalization Funding Sample Application.

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