The Restaurant Revitalization Fund (RRF) is a $25 billion grant program for restaurants and other foodservice businesses that have been affected by coronavirus outbreak-related shutdowns. Restaurants can apply for up to $10 million per physical location based on their revenue losses during the pandemic.
How to applyThe Small Business Administration (SBA) is planning to launch the program to administer and disperse the RRF grants. Those interested in obtaining the funds should keep a close eye on the SBA's COVID-19 relief options web portal.
For more information, visit GetRRF.com and SBA.gov/restaurants
Applications will only be available to a limited group of businesses for the first 21 days. Then the program will be opened to the general public, but the following types of businesses will be prioritized:
- Women-owned businesses
- Veteran-owned businesses
- Socially or economically disadvantaged businesses
