Program Details
The American Rescue Plan Act established the Restaurant Revitalization Fund (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. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Who Can Apply?
Eligible entities who have experienced pandemic-related revenue loss include:
o Restaurants
o Food stands, food trucks, food carts
o Caterers
o Bars, saloons, lounges, taverns
o Snack and nonalcoholic beverage bars
o Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
o Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
o Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
o Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
o Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
o Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products.
Cross-program eligibility on SBA COVID-19 relief options
How To Apply
You can apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal.
Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.
If you would like to prepare your application, view the sample application form. You will be able to complete this form online. Please do not submit RRF forms to SBA at this time.
SBA Form 3172
Additional documentation required:
o Verification for Tax Information: IRS Form 4506-T, completed and signed by Applicant. Completion of this form digitally on the SBA platform will satisfy this requirement.
o Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses
o Business tax returns (IRS Form 1120 or IRS 1120-S)
o IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F
o For a partnership: partnership’s IRS Form 1065 (including K-1s)
o Bank statements
o Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements
o Point of sale report(s), including IRS Form 1099-K
For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery:
o Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 or TTB. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
For applicants that are an inn:
o Documents evidencing that onsite sales of food and beverage to the public comprise at least 33.00% of gross receipts for 2019. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
(Information Courtesy: Small Business Association)