Restaurant Revitalization Fund Grant

The American Rescue Plan includes $28.6 billion in grants for independent food service or drinking establishments, including caterers, brewpubs, taprooms, and tasting rooms, that have 20 or fewer locations (as of March 13, 2020) and are not publicly traded. The SBA will administer the grant program.

Date Posted: March 19th, 2021 @ 9:50 AM
Last Updated: April 6th, 2021 @ 5:55 PM

The amount of the grant will vary depending on when the restaurant opened and the restaurant's revenue amounts, but will not exceed $10 million per restaurant group or $5 million per individual restaurant. Restaurants that opened during 2020 may apply for grants to cover eligible expenses incurred. Businesses that received a PPP loan will be eligible for these grants, however, the amount of PPP loans received in 2020 will be subtracted. Those businesses that receive or have a pending application for a shuttered venue operators grant are not eligible.

Grants may be used for:

  • Payroll and benefits (not including employee compensation exceeding $100,000/year)
  • Mortgage or rent
  • Utilities
  • Maintenance and construction to accommodate outdoor seating
  • Supplies (including PPE and cleaning materials)
  • Food and beverage expenses
  • Operational expenses
  • Sick leave
  • Other expenses deemed essential by the Administrator

It has been reported that for the first 3 weeks of the application period, SBA will prioritize awarding grants to small businesses owned and operated by women, veterans and socially and economically disadvantaged individuals.

Steps to Prepare for Applying

In a tweet in late March, the SBA indicated that neither a DUNS Number nor registration in SAM would be required. No specific guidance has been posted on the SBA's website as of April 6.