City of Breese issued the following announcement on Apr. 30.
Please see below more information regarding the Restaurant Revitalization Fund
Registration for the Restaurant Revitalization Fund Opens Friday, April 30th
The U.S. Small Business Administration recently announced that registration for the Restaurant Revitalization Fund will open at 8 AM CST on Friday, April 30th. Applications for the fund will open Monday, May 3rd at 11 AM CST. If you plan on applying, we suggest you register beginning on April 30 to ensure your application submission goes smoothly once open starting on May 3.
What is the Restaurant Revitalization Fund?
The RRF provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced losses due to COVID-19. It will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business.
Learn More at the SBA Website
Restaurant Revitalization Fund (
sba.gov)
Who is eligible to apply?
Restaurants
Food stands, food trucks, food carts
Caterers
Bars, saloons, lounges, taverns
Snack and nonalcoholic beverage bars
Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
Original source can be found here.
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