(restaurants can apply for grants that are equal to 2020 gross revenue minus 2019 gross revenue)
Deadline: Last day to apply is 5/24/2021
In operation all of 2019 and 2020
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max grant size will be $5 million for restaurants $10 million for restaurant groups.
Not operating for all of 2019
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max grant value is the average monthly gross receipts in 2020 minus the average monthly gross receipts in 2019
Not in operation for all of 2020
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potentially receive a grant that totals the amount of “eligible expenses” put into the business to date.
RRF grants are only able to be used on specific expenses:
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Payroll costs.
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Payments of principal or interest on any mortgage obligation.
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Rent payments, including rent under a lease agreement.
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Utilities.
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Maintenance, including new outdoor seating construction.
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Supplies, including PPE and cleaning materials.
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Food and beverage inventory.
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Covered supplier costs.
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Operational expenses.
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Paid sick leave
Refer to this link for additional information
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.