Member Alert: May 3 is start date for RRF!
It’s Happening May 3!
This morning, the SBA announced new details on the Restaurant Revitalization Fund (RRF) and the timeline for applications. Registrations for the application will begin this Friday, April 30th, at 6 a.m. PST and applications will open on Monday, May 3rd, at 9 a.m. PST.
The online application will remain open to any eligible establishment until all funds are exhausted. Applicants from women-owned, veteran-owned and/or socially and economically disadvantaged businesses will be reviewed in a 21-day priority period, but all applicants should plan to apply on May 3 as funds may run out quickly.
In preparation, the SBA recommends applicants prepare in advance to ensure a smooth and efficient application experience, specifically by:
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.]
All information regarding the RRF can be found in our Toolkit here and members with questions about the RRF and other forms of assistance should contact their territory managers or email firstname.lastname@example.org
Questions about the RRF? Attend one of our webinars
Restaurant Revitalization Fund Webinar with SBA (Washington, Nevada, California and Oregon) 11 a.m., April 29
Join the Washington Hospitality Association and other state associations for a conversation with the U.S. Small Business Administration on the application process and what operators should do to prepare prior to the fund opening. Register here.
Understanding and applying for the Restaurant Revitalization Fund 10-11:30 a.m., April 30
Join us for a deep dive into the specifics of the Restaurant Revitalization Fund. Learn about eligibility requirements, allowed expenses, the application, documentation and much more. John Morosco, hospitality expert and business counselor with the Wenatchee Small Business Development Center and Julie Eisenhauer, CPA and Clark Nuber shareholder, will present the latest available information on this important source of funding. Tune in at 10 a.m. April 30 and get ready to apply for help with your pandemic-related losses! Register here.