Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
(restaurants can apply for grants that are equal to 2020 gross revenue minus 2019 gross revenue)
Expected to launch mid-April
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.
If you are an owner of a franchise and you don't control more than 20 restaurants that you are eligible to apply
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.
