image
ESPAÑOL


Restaurant Revitalization Fund

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.


Program details

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.


Supplemental documents


Who can apply

Eligible entities who have experienced pandemic-related revenue loss include:

  • 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


When to apply

Registration for the SBA application portal is now open. Applications will open on Monday, May 3, 2021, at noon ET.

Priority period: Days 1 through 21
SBA will accept applications from all eligible applicants, but only process and fund priority group applications. See “Priority groups” below. During this period, SBA will fund applications where the applicant has self-certified that it meets the eligibility requirements for a small business owned by women, veterans, or socially and economically disadvantaged individuals.
See “Set asides” below.

Open to all applicants: Days 22 through funds exhaustion
SBA will accept applications from all eligible applicants and process applications in the order in which they are approved by SBA.
See “Set asides” below.


Priority groups

  • A small business concern that is at least 51 percent owned by one or more individuals who are:
  • Women, or
  • Veterans, or
  • Socially and economically disadvantaged (see below).
  • Applicants must self-certify on the application that they meet eligibility requirements
  • Socially disadvantaged individuals are those who have been subjected to racial or ethnic prejudice or cultural bias because of their identity as a member of a group without regard to their individual qualities.
  • Economically disadvantaged individuals are those socially disadvantaged individuals whose ability to compete in the free enterprise system has been impaired due to diminished capital and credit opportunities as compared to others in the same business area who are not socially disadvantaged.


Set asides

    1. $5 billion is set aside for applicants with 2019 gross receipts of not more than $500,000
    2. An additional $4 billion is set-aside for applicants with 2019 gross receipts from $500,001 to $1,500,000
    3. An additional $500 million is set-aside for applicants with 2019 gross receipts of not more than $50,000

*SBA reserves the right to reallocate these funds at the discretion of the Administrator.


Funding amount

Payment calculations
Calculation 1: for applicants in operation prior to or on January 1, 2019:
2019 gross receipts minus 2020 gross receipts minus PPP loan amounts
Calculation 2: for applicants that began operations partially through 2019:
(Average 2019 monthly gross receipts x 12) minus 2020 gross receipts minus PPP loan amounts
Calculation 3: for applicants that began operations on or between January 1, 2020 and March 10, 2021 and applicants not yet opened but have incurred eligible expenses:
Amount spent on eligible expenses between February 15, 2020 and March 11, 2021 minus 2020 gross receipts minus 2021 gross receipts (through March 11, 2021) minus PPP loan amounts For those entities who began operations partially through 2019, you may elect (at your own discretion) to use either calculation 2 or calculation 3.

Maximum and minimum amounts
SBA may provide funding up to $5 million per location, not to exceed $10 million total for the applicant and any affiliated businesses. The minimum award is $1,000.

Gross receipts
For the purposes of this program, gross receipts does not include:

  • Amounts received from Paycheck Protection Program (PPP) loans (First Draw or Second Draw)
  • Amounts received from Economic Injury Disaster Loans (EIDL)
  • Advances on EIDL (EIDL Advance and Targeted EIDL Advance)
  • State and local grants (via CARES Act or otherwise)
  • SBA Section 1112 payments


Allowable use of funds

Funds may be used for specific expenses including:

  • Business payroll costs (including sick leave)
  • Payments on any business mortgage obligation
  • Business rent payments (note: this does not include prepayment of rent)
  • Business debt service (both principal and interest; note: this does not include any prepayment of principal or interest)
  • Business utility payments
  • Business maintenance expenses
  • Construction of outdoor seating
  • Business supplies (including protective equipment and cleaning materials)
  • Business food and beverage expenses (including raw materials)
  • Covered supplier costs
  • Business operating expenses

Let us help you with your application



Sam Villagomez, CEO



Toni Molinari
CPA, CIA


Toni has eleven years of internal audit / examination experience from her previous roles as a bank examiner with the Office of Thrift Supervision and as an internal auditor with a community bank and the State of Rhode Island Bureau of Audits. Toni also currently serves as an adjunct professor of accounting at Clark University Graduate School of Management teaching financial accounting and reporting and internal audit; Treasurer for IIA’s Ocean State Chapter, and a member of the AICPA’s Exam Committee for the BEC section of the CPA exam. She has previously served as a member of the MSCPA Accounting and Auditing Committee responding to proposed accounting standards to further the development of GAAP. Toni is a certified public accountant, a certified internal auditor, holds a B.A. in Economics, and holds a Masters of Business Administration degree from Bryant University. Toni is also a graduate (June 2019) of the Stonier School of Banking and Wharton Leadership program.