We we’re promised that the Restaurant Revitalization Fund (RRF) would be “Opening in weeks, not months ” - U.S. Rep. Blumenauer, Oregon (D). Well, so much for that. Just over a full month after the passage of the American Rescue Plan Act. We can actually confirm what the application looks like. The Small Business Administration (SBA) launched the RRF page on their website over the weekend, and with it, revealed a program guide, and a sample application.
None of the information that was released was anything all that shocking. The SBA and the Independent Restaurant Coalition (IRC), had already spent the better part of the previous two weeks hosting town halls explaining how the program would work. They did provide some useful example, and a decision tree illustrating how you should apply to the program based on a few options that they have, which is nifty.
With all that being said, we’re getting closer, albeit at a much slower pace than we were hoping for. On a different, but related topic, the SBA’s Shuttered Vendor Operator Grant reopens next week, after a titanic failure in launching their portal. At this point, our primary concern, is that the RRF doesn’t suffer the same fate as the SVOG grant come application time.
In other news, we’re hosting another webinar
Webinar
We now have a lot of changes since our original webinar in March. So we’re looking to run through the program again with all the updates. If you haven’t looked into the program much since you watched our last webinar, there is a considerable amount of new info.