On Friday, May 7th at 2:00 PM EST, Interise will be joined by Dan Martiniello, Lender Relations Specialist of the SBA, who will be presenting on the SBA's recently announced Restaurant Revitalization Fund. Dan will provide a brief overview on the Fund and will cover eligibility requirements, key dates, and how to apply. There will be time allotted at the end of the session for Q&A with Dan.
What is the Restaurant Revitalization Fund?
The Restaurant Revitalization Fund is an SBA program that provides 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. Recipients will not be required to repay the funding as long as the funds are used for eligible uses no later than March 11, 2023.