Restaurant Revitalization Grants
April 30, 2021 Update
Registration for Restaurant Revitalization Grants is now open
Registration for the Small Business Administration's Restaurant Revitalization Grant is now open. Eligible businesses will be able to apply on Monday, May 3, 2021 at 11:00 AM. While there is a priority period for this program, all eligible businesses are strongly encouraged to apply as soon as the application portal opens.
April 27, 2021 Update
SBA Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund
The U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 8:00 AM CST and open applications on Monday, May 3, 2021, at 11:00 AM CST for the Restaurant Revitalization Fund. The application will remain open to any eligible restaurant until all funds are exhausted.
In preparation, the SBA recommends qualifying applicants familiarize themselves with the application process in advance to ensure a smooth and efficient application experience, specifically by:
- Registering for an account in advance at restaurants.sba.gov starting Friday, April 30, 2021, at 8:00 AM CST.
- Reviewing the official guidance, including program guide, frequently asked questions, and application sample.
- Preparing the required documentation.
- 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.]
- Attending a live recorded virtual training webinar:
For the first 21 days that the program is open, the 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.
April 19, 2021 Update
SBA releases detailed guidance on the Restaurant Revitalization Fund Program
The Small Business Administration has released detailed guidance on the upcoming Restaurant Revitalization Grant program. The information includes details on application requirements, eligibility, the timeline of the program, and upcoming training to help interested businesses prepare. Eligible Businesses are strongly encouraged to begin preparing to apply for the program.
Important information on cross-program eligibility
Who can apply?
Eligible entities who have experienced pandemic-related revenue loss include:
- Food stands, food trucks, food carts
- 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.
How to apply:
You can apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal.
Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.
If you would like to prepare your application, view the sample application form. You will be able to complete this form online. Please do not submit RRF forms to SBA at this time.
Additional documentation required:
- Verification for Tax Information: IRS Form 4506-T, completed and signed by Applicant. Completion of this form digitally on the SBA platform will satisfy this requirement.
- Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses
- Business tax returns (IRS Form 1120 or IRS 1120-S)
- IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F
- For a partnership: partnership’s IRS Form 1065 (including K-1s)
- Bank statements
- Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements
- Point of sale report(s), including IRS Form 1099-K
For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery:
- Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 or TTB. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
For applicants that are an inn:
- Documents evidencing that onsite sales of food and beverage to the public comprise at least 33.00% of gross receipts for 2019. For businesses that opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
When to apply:
- 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.
Supplemental Documents and Resources:
- Sign up to receive email alerts from SBA as additional information about the RRG program becomes available
- Restaurant Revitalization Funding Program Guide
- Restaurant Revitalization Funding Application Sample
- Who can apply
- How to apply
- Funding amount
- Allowable use of funds
- Get help with your application
March 30, 2021 Update
SBA Announces applicants of the Restaurant Revitalization Fund applicant no longer need to sign up for a SAM.gov account or have a DUNS number
The SBA announced that applicants of the upcoming Restaurant Revitalization Fund, which is expected to open in early April, no longer need to sign up for a SAM account or have a DUNS number to apply. The Independent Restaurant Coalition updated their guidance on the program here.
Restaurant Revitalization Fund
A new program called the 'Restaurant Revitalization Fund' is included in the American Rescue Plan, which was signed into law last week. The program will be administered by the SBA and is expected to open within the coming weeks. This page will be updated regularly as guidance is made available from the SBA.
- Startup Junkie Consulting: Restaurant Revitalization Grants
- Frequently Asked Questions About the Independent Restaurant and Bar Grant Program updated 3/30/21
- Q: What businesses will be eligible to apply for this program?
- A: Eligible businesses include restaurants, food trucks, caterers, inns, taverns, bars, lounges, brewpubs, tasting rooms, taprooms, and alcoholic beverage producers where the public may taste or purchase products, or other businesses whose primary purpose is to bring people together to drink or eat.
- Q: Can new businesses apply to receive a grant?
- A: Businesses who are eligible to apply had to be open on February 15, 2020.
- Q: How will the funds be distributed?
- A: The program has $25 billion in total funding. $5 billion is reserved only for businesses that had less than $500,000 in gross receipts during 2019. $20 billion will be available to businesses of varying size. Grants will be limited to $5 million per location, and will not exceed $10 million.
- Q: Will the program have a prioritization period?
- A: Yes, during the first 21 days prioritization will be given to businesses owned by women, veterans, and socially and economically disadvantaged businesses.
- Q: Who will be administering the grant program?
- A: The Small Business Administration.
- Q: What can the funds be used for?
- A: Payroll, mortgage payments, rent, utilities, maintenance expenses, supplies including PPE, food and beverage expenses, operational expenses, paid sick leave, other expenses outlined by the SBA.
- Q: Can franchises apply for the Restaurant Revitalization Fund?
- A: Franchisees can apply so long as they have fewer than 20 locations and are not publicly traded entities.
- Q: How will the grants be calculated?
- A: Grants will be calculated by subtracting 2020 revenue from 2019 revenue. The first and second PPP loans received in 2020 will also be subtracted.
- Q: What if my restaurant opened in 2019? How will revenue be calculated?
- A: Information on this, as well as on restaurants that opened in 2020, will be provided on March 15, 2021.