American Rescue Plan relief starts this week for restaurants, related businesses

Leader news staff
news@ptleader.com
Posted 5/3/21

Restaurants in the Pacific Northwest can apply for direct relief through the federal Restaurant Revitalization Fund (RRF) beginning at 9 a.m. Monday, May 3. 

Registration on the U.S. Small …

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American Rescue Plan relief starts this week for restaurants, related businesses

Posted

Restaurants in the Pacific Northwest can apply for direct relief through the federal Restaurant Revitalization Fund (RRF) beginning at 9 a.m. Monday, May 3. 

Registration on the U.S. Small Business Administration application portal started Friday, April 30.

Congressman Derek Kilmer is encouraging restaurant owners in Washington’s 6th District to get RFF assistance. 

The $28.6 billion Restaurant Revitalization Fund was created by the American Rescue Plan that was passed last month, and the law incorporated key provisions from the RESTAURANTS Act, which Rep. Kilmer co-sponsored in the previous Congress.

“Local restaurants contribute to the vitality of our communities,” Kilmer said.

“They’ve been hit hard during this pandemic, so we need to have their backs so they can continue to provide good jobs. That’s why Congress worked to pass the American Rescue Plan and provide critical support to local, independent restaurants and the workers they support,” he added.

The Restaurant Revitalization Fund will provide restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss up to $10 million per business. 

The relief does not have to be repaid, provided that the funds are put toward eligible uses by March 11, 2023.

Entities eligible to apply include restaurants; food stands, food trucks, and food carts; caterers; bars, saloons, lounges, taverns; snack and nonalcoholic beverage bars; bakeries; brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33 percent of gross receipts); breweries and microbreweries; wineries and distilleries; inns and other related businesses.

Kilmer also noted that Washington’s entire congressional delegation sent a letter to U.S. Small Business Administrator Isabella Casillas Guzman requesting revisions to the U.S. Small Business Administration’s participation criteria for Restaurant Revitalization Fund. As currently written, the criteria effectively disqualifies Washington state’s distillery and craft distillery industry from receiving RRF relief.

Washington’s delegation is calling for revisions to ensure small business owners have equitable opportunity to access relief from the federal program.

The Restaurant Revitalization Fund application portal can be accessed at https://restaurants.sba.gov/requests/borrower/login/. Participating POS providers include Square, Toast, Clover, NCR Corporation (Aloha).

Entities that work with Square or Toast, you do not need to register beforehand on the portal.

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