Important Restaurant Revitalization Fund resources to help you apply SOON
ALERT: The SBA announced on April 22 that POS providers will help with application submission, documentation and support. Take advantage of this efficient way to apply for funding. Learn more here.
The SBA could start accepting RRF applications as early as next Friday. Get ready now and stay tuned for the announcement of the launch date.
Help is on the way for hard-hit restaurants, bars, coffee shops and other eligible businesses. The federal Restaurant Revitalization Fund (RRF) will provide grants equal to pandemic-related revenue losses up to $10 million or $5 million per location. The minimum grant is $1,000.
Grants do not need to be repaid if they are used in full to cover operating costs, payroll, debt service, the construction of outdoor seating and a wide range of other eligible expenses incurred between Feb. 11, 2020 and March 10, 2023.
As we await the announcement of the launch date for the grants, businesses should be preparing their applications to be ready to apply on day one. Here are important resources and training to help you prepare:
Washington Hospitality Association Restaurant Revitalization Fund toolkit
This toolkit is your home base for everything related to the RRF, from links to critical SBA information and documents to webinars, FAQs, technical assistant providers and more. Check in for daily updates (you may need to refresh your browser). Get the RRF toolkit here.
SBA’s Seattle District Office
The SBA is conducting a series of information sessions the week of April 26 and is available for technical support via telephone. Learn more here or 206-553-7310
Seattle Metropolitan Chamber
Through its REACH program and Business Health Trust, the Seattle Metro Chamber is providing accounting consulting services to employers in the region with 100 or fewer employees to help navigate the Restaurant Revitalization Fund, PPP, Employee Retention Tax Credits and the Shuttered Venue Operators Grant. Email email@example.com to get connected with an accountant at Clark Nuber.
Seattle’s Office of Economic Development
Get application help in English, Spanish, Vietnamese, Cantonese, Mandarin, Korean, Somali, Amharic, Thai and Tgrinya by calling at 206-684-8090.