Congresswoman Nikema Williams Announces Opening of $28.6 Billion Restaurant Relief Fund

WASHINGTON – Congresswoman Nikema Williams (GA-05) announced the Small Business Association began accepting applications for Restaurant Revitalization Fund today, May 3 at 12:00 p.m. EST. Restaurants in Georgia’s Fifth Congressional District will be able to apply for direct relief through the $28.6 billion Restaurant Revitalization Fund that was created by the American Rescue Plan Congresswoman Williams helped pass last month.

“Restaurants in the Fifth District aren’t just places to eat. They’ve been gathering spots during the civil rights movement, wealth builders for minority and women-owned businesses, and staples in our neighborhoods,” said Congresswoman Williams. “I’m proud that we passed direct relief to restaurants through the American Rescue Plan. Now restaurant owners will be able to keep their doors open and prevent the people they employ from having to go without a paycheck. The return of our restaurant and hospitality businesses is key to full economic recovery.”

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.

• Find a funding guide HERE and a sample application HERE.
• Visit SBA.gov/restaurants for more information.

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, will not need to register in advance on the portal.

Entities eligible to apply:

• Restaurants
• Food stands, food trucks, food carts
• Caterers
• Bars, saloons, lounges, taverns
• Snack and nonalcoholic beverage bars
• Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
• Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
• Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
• Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
• Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
• Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products.

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