Registration begins today for restaurants to start the process of being eligible for federal relief funds.
The Restaurant Revitalization Fund begins accepting applications on Monday, but officials are recommending restaurants begin the registration process now.
As part of the latest COVID relief bill, over $28 billion was set aside for the restaurant industry, which was hit hard by pandemic shutdowns.
NexTier Bank is helping restaurants through the process.
Info courtesy of NexTier:
Information about the Application Portal.
Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 am. and the SBA will begin accepting applications via the application portal on Monday, May 3 at 12 pm. The application portal will remain open to any eligible establishment until all funds are exhausted.
For more information, read the press release here.
How to prepare.
In preparation, qualifying applicants should familiarize themselves with the application process in advance to ensure a smooth and efficient application. Follow the steps below.
- Register for an account in advance at restaurants.sba.gov starting Friday, April 30 at 9 am. EDT. If you are working with Square or Toast, you do not need to register beforehand on the application portal.
- Review the sample application, program guide and cross-program eligibility chart on SBA COVID-19 relief options.
- View the recorded webinar trainings from April 28, 2021, posted on SBA’s YouTube channel.
For more information, visit sba.gov/restaurants.
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