Upcoming Events |
|
The Small Business Administration has announced that the Restaurant Revitalization Fund application portal will open on Monday, May 3 at 12 p.m. You can pre-register on their website beginning Friday, April 30 at 9 a.m.
For the first 21 days that the program is open, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. BUT all eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis. How to Prepare: In preparation, qualifying applicants should familiarize themselves with the application process in advance to ensure a smooth and efficient application. Follow the steps below.
The Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. 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. Funds must be used for allowable expenses by March 11, 2023.
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
Upcoming Events |
|
Copyright © 2019 Greater Winter Haven Chamber of Commerce. All rights reserved.
401 Avenue B, NW, Winter Haven, FL, 33881 Phone: (863) 293-2138 info@winterhavenchamber.com |