WebJul 9, 2024 · The SBA said the average size of grant awards was $283,000. According to the IRC’s review of data released Friday, 10,155 franchise locations received $2.6 billion. Six … WebJun 17, 2024 · Over the weekend, the SBA notified 2,965 previously approved priority Restaurant Revitalization Fund applicants in a form email that it will be unable to pay the promised grants due to the outcome ...
Restaurant Revitalization Funding Application Sample
WebApr 7, 2024 · The Restaurant Revitalization Fund (RRF) was established under the American Rescue Plan, which Spanberger voted to pass and President Joe Biden signed into law in March 2024, and provided $28.6 billion to the U.S. Small Business Administration (SBA) to award as direct relief funds to U.S. restaurants and other hard-hit food establishments ... WebMay 5, 2024 · In just 100 days, the Small Business Administration (SBA) delivered more than $31 billion in relief to restaurants and bars. Specifically, the SBA has: Approved more than 337,000 forgivable loans ... darren leak sothebys
COVID-19 Related Aid Not Included in Income; Expense Deduction Still …
WebRestaurant Relief Fund. Starting at Noon, Monday, May 3, applications will be accepted for grants under the SBA’s new Restaurant Revitalization Fund (“RRF”). This new fund will dish out $28.6 billion in grant money, but it may go fast so I would encourage you to apply as soon as you can. The first step to apply is to register for the program. WebJul 6, 2024 · The U.S. Small Business Administration (SBA) announced the closure of the Restaurant Revitalization Fund (RRF) after awarding the program’s full $28.6 billion appropriation to more than 100,000 restaurants, bars, and other businesses that provide on-site food and drink. WebApr 17, 2024 · To help bring jobs back and revive the industry, the American Rescue Plan, signed into law by President Joe Biden, established the $28.6 billion Restaurant Revitalization Fund at the U.S. Small ... darren lamb and maureen holloway