On April 27th, SBA Administrator Isabel Guzman announced SBA will begin accepting Restaurant Revitalization Fund registrations on Friday, April 30th at 9am ET and open applications on Monday, May 3 at 12pm ET. The online application will remain open to any eligible establishment until all funds are exhausted.
SBA recommends qualifying applicants prepare by:
- Registering for an account at restaurants.sba.gov starting on Friday, April 30th at 9am ET
- Reviewing the official guidance, including program guide, frequently asked questions, and application sample: https://www.sba.gov/restaurants
- Preparing the required documentation: https://www.sba.gov/restaurants
- Working with a point-of-sale vendor or visiting restaurants.sba.gov to submit an application when the application portal opens. [Note: If an applicant is working with a point-of-sale vendor, they do not need to register beforehand on the site.]
For the first 21 days that the program is open, SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals.
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.