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Posted on: April 28, 2021

SBA will begin accepting Restaurant Revitalization Fund registrations

Masked Employee handing drink to customer image from the SBA

Just Released from the US Small Business Administration

🚨 BREAKING: Today, SBA Administrator Isabel Guzman announced SBA will begin accepting Restaurant Revitalization Fund registrations on Friday at 9 am ET and open applications on Monday, May 3 at 12pm ET. The online application will remain open to any eligible establishment until all funds are exhausted. 

SBA recommends qualifying applicants prepare by:

1️⃣ Registering for an account at restaurants.sba.gov starting on Friday at 9am ET 

2️⃣ Reviewing the official guidance, including program guide, frequently asked questions, and application sample: https://www.sba.gov/restaurants

3️⃣Preparing the required documentation: https://www.sba.gov/restaurants

4️⃣ Working with a point-of-sale vendor or visiting restaurants.sba.gov to submit an application when the application portal opens. [Note: If an applicant is working with a point-of-sale vendor, they do not need to register beforehand on the site.]

5️⃣Attending one of the following training webinars: 

▪️ Today at 2:30pm ET | Register here: https://sbarestaurantstraining.eventbrite.com

▪️ Wednesday at 1pm ET | Register here: https://us02web.zoom.us/.../reg.../WN_hnc2VOHITMKdWAGUA6on7A

▪️ Wednesday at 2:30pm ET | Register here: https://www.eventbrite.com/.../sba-restaurant...

For the first 21 days that the program is open, SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals.

All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis.

➡️ Learn more about the #RestaurantRevitalizationFund:  https://www.sba.gov/restaurants

Learn more from the SBA
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