SBA Administrator Isabel Guzman announced SBA will begin accepting Restaurant Revitalization Fund registrations on Friday at 9am ET and open applications on Monday, May 3 at 12pm ET. The online application will remain open to any eligible establishment until all funds are exhausted.
SBA recommends qualifying applicants prepare by:
1️⃣ Registering for an account at restaurants.sba.gov starting on Friday at 9am ET
2️⃣ Reviewing the official guidance, including program guide, frequently asked questions, and application sample: https://www.sba.gov/restaurants
3️⃣Preparing the required documentation: https://www.sba.gov/restaurants
4️⃣ 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.]
5️⃣Attending one of the following training webinars:
▪️ Today at 2:30pm ET | Register here: https://sbarestaurantstraining.eventbrite.com
▪️ Wednesday at 1pm ET | Register here: https://us02web.zoom.us/webinar/register/WN_hnc2VOHITMKdWAGUA6on7A
▪️ Wednesday at 2:30pm ET | Register here: https://www.eventbrite.com/e/sba-restaurant-revitalization-fund-application-portal-training-registration-152284048689
For the first 21 days that the program is open, SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals.
All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis.
➡️ Learn more about the #RestaurantRevitalizationFund: https://www.sba.gov/restaurants