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.

GET UPDATES ABOUT THE PROGRAM

Sign up to receive email alerts from SBA as additional information about the Restaurant Revitalization Fund becomes available.

GET HELP WITH YOUR APPLICATION

The AZSBDC offers no-cost assistance to help you apply, stay in compliance with the required reporting for the program, and get help understanding any new developments related to the program.
Apply for no-cost advisement from the AZSBDC here.

RESTAURANT REVITALIZATION FUND INFORMATION

This is a listing of the full program information for the Restaurant Revitalization Fund from the SBA:

• Program details
• Supplemental documents
• Get help with your application
• Who can apply
• How to apply
• When to apply
• Set asides
• Funding amount
• Allowable use of funds
• What to expect after you have applied
• Information about RRF in other languages

• TIMELINE

  The new Paycheck Protection Program Act began accepting applications on January 11, 2021. You can find details on this program, its updated guidelines, and its staggered application timeline HERE.

  FORGIVENESS

  Paycheck Protection Program Forgiveness Terms, Applications, and FAQ (Updated January 19, 2021)

   

  PPP INFORMATION

  • NEW Paycheck Protection Program Guidelines as of 1/11/21
  • Paycheck Protection Program Borrower Application Form – Draw ONE (1/11/21)
    If you have not received a PPP loan before, First Draw PPP Loans are available to you.
  • Paycheck Protection Program Borrower Application Form – Draw TWO (1/11/21)
    If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.
  • Find Eligible Paycheck Protection Program Lenders in Your Area
  • CARES ACT Provides Support to Small Businesses / Treasury.gov

• The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). 

  HOW TO APPLY

  You can apply for an SBDA Disaster Loan here.

  You can request free assistance with preparing financial statements and submitting the loan application from the AZ SBDC and other SBA partners.

  Review the SBA’s EIDL FAQs here.

  TIMELINE

  New applications for EIDL loans are being still accepted by the SBA. 

• Get free expert confidential advice and assistance from local SBDC counselors on how to save your business and keep it on track.

  SERVICES INCLUDE

  • SBA Loan Assistance
    
  • Identifying Sources of Capital    
    
  • Business Assessment
    
  • Marketing Strategy    
    
  • Cash Flow Concerns    
    
  • Supply Chain Interruptions
    
  • Government Contracting Opportunities
    
  • Veteran, Minority, and Women-Owned Certification
    
  • Workshops, Webinars, and Training
    
  • Help Identify SBA Program Lenders

• Arizona Commerce Authority
  
• Arizona Together (State Government)
  
• Local First

• Contact your local SBDC Center to find out how they can provide immediate assistance
  
• Apply for an SBA Economic Injury Disaster Loan and/or CARES Act Paycheck Protection
  
• Reach out to your existing customers to see how you can continue to serve them
  
• Use social media to stay in touch with customers and reach new audiences
•  

• Arizona SBDC Network Webinars – Re-open Smartly With Confidence (On Demand/Free)
  
• America’s SBDC National Webinars
  
• Arizona Small Business Boot Camp
  
• Google and America’s SBDC Present: Keeping the Lights On webinar (4/14/20)
  
• USDA – $1 Billion in Loan Guarantees Available Through the CARES Act
  
• Download the USDA Webinar Slides HERE

• SBA vs SBDC Pandemic Help for Small Businesses
  
• America’s SBDC
  
• Arizona Small Business Resource Collective
  
• Center for Disease Control (CDC)
  
• Federal Resources for Small Business (ASBDC)
  
• Department of Labor (DOL)
  
• Internal Revenue Service
  
• Grow with Google – Protect Your Business Resource Guide
  
• OSHA
  
• SBDC Partner Programs and Offers
  
• U.S. Chamber Small Business Initiative – Dec. 2020
  
• U.S. Treasury / CARES Act for Small Business
  
• United States Government Updates