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Event Detail

Department of Veterans Affairs (VA) & Small Business Administration (SBA) Virtual Information Session: Explaining the Restaurant Revitalization Fund

Department of Veterans Affairs (VA) & Small Business Administration (SBA) Virtual Information Session: Explaining the Restaurant Revitalization Fund 

This event occurred May 5, 2021 and is no longer open for registration

Please observe the upcoming application deadline of 
Monday, May 24, 20021 for the following priority groups:

  • Veteran-Owned Small Businesses
  • Women-Owned Small Businesses
  • Businesses owned by socially and economically disadvantaged individuals

For more information, please contact SBA’s Call Center Support Team at 1-844-279-8898.

Session Presentation
 

Event Overview:   In collaboration with the SBA, VA will host a virtual information session. During this information session participants will hear information about the Restaurant Revitalization Fund (RFF). 


Background:  
The American Rescue Plan Act established the 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). 


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


Application Eligibility
 
The following small business types are encouraged to participate in this session:

  • Restaurants 
  • Food stands, food trucks, food carts
  • Caterers
  • Bars, saloons, lounges, taverns
  • Snack and non-alcoholic beverage bars
  • Bakeries (onsite sales to the public comprise at lease 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

 

Priority Period:  Days 1 through 21 SBA will accept applications from all eligible applicants, but only process and fund priority group applications.  The priority group for the first 21 days are small business concerns that are at least 51 percent owned by one or more individuals who are Women, Veterans, socially or economically disadvantaged.  The definition of socially disadvantaged or economically disadvantaged individuals is depicted on the SBA’s website.  Applicants must self-certify on the application that they meet eligibility requirements of the earlier mentioned priority group.  

For more information including please visit the SBA Restaurant Revitalization Fund webpage at Restaurant Revitalization Fund (sba.gov) .

 

If you have questions about the RFF or need assistance with preparing your application, contact the SBA’s Call Center Support Team at 1-844-279-8898.

Location

Contact Us

Monday – Friday: 9:00AM – 5:30PM MST
Please note: Content on this Web page is for informational purposes only. It is not intended to provide legal advice or to be a comprehensive statement or analysis of application statures, regulations, and case law governing this topic. Rather, it's a plain language summary. If you are seeking claims assistance, your local VA regional office, a VA-recognized Veterans Service Organization, or a VA-accredited attorney or agent can help.