SBA Releases $83 Million in RRF Funds

Just before Thanksgiving, the Small Business Administration (SBA) announced that it was releasing an additional $83 million in unused Restaurant Revitalization funds, some 18 months after the program officially closed. The monies have been earmarked for 169 restaurant operators in the order that their applications were received back when the program was operable. The US…

Read More »

Congress Unveils More RRF Funds

Earlier this week, bi-partisan legislation was introduced in Congress to pump an additional $60 billion into the depleted Restaurant Revitalization Fund (RRF). As we advised just weeks ago, all $29 billion of the original RRF funds were committed within the 3-week priority window (women, veteran or socially/economically disadvantaged business owners) that Congress mandated when the…

Read More »