Learn more about the COVID-19 Restaurant Revitalization Fund
ST LOUIS, MO (StLouisRestaurantReview) The National Restaurant Association released a fact sheet that explains the Restaurant Revitalization Fund. Please click on the PDF link below for complete details and learn how to apply.
A summary of the Restaurant Revitalization Fund following apply:
- There is $23.6 billion to award equitable manner to businesses of different sizes. However, there are limits.
- $5 billion is available to businesses with gross receipts of $500,000 or less during 2019.
- The maximum total grant amount for eligible businesses and any affiliated businesses are capped at $10 million and is limited to $5 million per physical location.
CLICK to learn more about the Restaurants Act
Understanding – Restaurant Revitalization Fund – PDF
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