HALT ON DISBURSEMENTS TO SOME AWARDEES
On June 11, the SBA informed 2,965 small businesses owned by women, veterans and economically and socially disadvantaged people that they would not be receiving their approved Restaurant Revitalization Fund awards in compliance with recent court rulings. The SBA’s 21-day priority period is the subject of several lawsuits which allege that prioritizing applicants on the basis of race and gender is unconstitutional. The SBA decision to halt its prioritization program has not impacted the $27 billion already disbursed to more than 100,000 applicants. The $28.6 billion restaurant fund received $80 billion in requests for relief before it closed, and the legislation has been introduced to replenish the fund. Read about the court rulings here.
ASK YOUR REPRESENTATIVES TO REPLENISH THE RRF
The Restaurant Revitalization Fund (RRF) has been an incredibly effective recovery tool for the restaurant industry, but for too many owners, the $28.6 billion in funding won’t last long enough for them receive a dollar in disaster funding. The U.S. Small Business Administration estimates that they need at least an additional $50 billion just to fund the applications submitted before the application portal was closed. Please help us pass the RRF Replenishment Act, which directs $60 billion in funding to the SBA to provide sorely needed recovery dollars for the restaurant industry. Click here to send a message to your representatives.
RRF IS CLOSED TO NEW APPLICANTS
The SBA closed the RRF three weeks after received more than 362,00 applications requesting close to $80 billion in assistance. The $28.6 billion RRF was established to provide emergency relief to restaurants, bars and similar businesses hard-hit by coronavirus shutdowns. Because our industry has incurred significant financial hardship during the pandemic, requests for awards quickly exceeded available funding.
If you have a question about an RRF application or award, please call the SBA call-center support (open 8 a.m.-8 p.m. EST Mon-Fri): 1-844-279-8898.
- Next steps guide for using RRF funds (includes eligible expenses information)
- RRF Expense Tracker (Click this rrf-budget-tracker-tool to download Excel file)
- FAQ on the Restaurant Revitalization Fund (PDF Updated April 27)
- FAQ on the Restaurant Revitalization Fund (National Restaurant Association -Online)
IMPORTANT SBA LINKS
- Restaurant Revitalization Fund update: What to expect next
- Tips for getting ready to apply for the Restaurant Revitalization Fund (updated May 6)
- Restaurant Revitalization Fund – Priority Group Applications – Do You Qualify? (Clark Nuber)
- Planning to Apply for Restaurant Revitalization Fund Grants? – Prepare Your Documentation Now (Clark Nuber)
- POS Partners Announced for Restaurant Revitalization Grant Applications
WEBINARS AND TRAINING
Understanding and Applying for the Restaurant Revitalization Fund
A deep dive into the RRF presented on April 30 by the Washington Hospitality Association, Seattle Restaurant Alliance and Washington Small Business Development Center.
Webinar Slides WEBINAR Webinar Q&A
Restaurant Revitalization Fund Webinars with SBA
The National Restaurant Association has hosted a series of RRF webinars presented with the SBA. Use the archive of past webinars here.
Learn How to Apply for the RRF
The SBA provides a quick walkthrough of the online application here.
- SBA call-center support (open 8 a.m.-8 p.m. EST Mon-Fri): 1-844-279-8898
- Washington Hospitality Association members should contact their territory manager for assistance or email email@example.com.
- S. Small Business Administration Seattle District Office 206-553-7310 / 509-353-2800 (Spokane)
- Small Business Resiliency Network This network provides culturally relevant assistance for business owners and organizations affected by the coronavirus pandemic. Visit this website to connect with organizations that can provide technical assistance and help access translation services.
- Seattle Metropolitan Chamber’s REACH program and the Business Health Trust Employers in the region with 100 or fewer employees can get accounting consulting services to help navigate the Restaurant Revitalization Fund, PPP, Employee Retention Tax Credits and the Shuttered Venue Operators Grant. Email firstname.lastname@example.org get connected with an accountant at Clark Nuber.
- Seattle’s Office of Economic Development at 206-684-8090 Application help for Seattle businesses in English, Spanish, Vietnamese, Cantonese, Mandarin, Korean, Somali, Amharic, Thai and Tgrinya.
- AHANA is providing technical support for small businesses in underserved and under-represented communities in Eastern Washington affected by the coronavirus pandemic. ahana-meba.org/covid-19/cv19/or 509-999-5365 or email email@example.com.
- Washington Hospitality Association’s Coronavirus Resources for Restaurants
- Washington Hospitality Association’s Coronavirus Resources for Hotels
- Washington Hospitality Association’s Coronavirus Resources for Entertainment
- SBA’s Seattle District Office
- SBA’s COVID-19 Recovery Information in Other Languages
- Washington Economic Development Association’s COVID-19 resources