WebAug 3, 2024 · A bill to refill the RRF with more than $40 billion passed the House of Representatives, but failed to pass the Senate earlier this year. The SBA has not provided additional details as of press time on when the money would be released or the process by which it would be allocated. WebMay 24, 2024 · Generally speaking, restaurants can apply for grants that are equal to 2024 gross revenue minus 2024 gross revenue minus PPP loan amounts. For businesses in operation for all of 2024 and 2024, the maximum grant size will be $5 million for restaurants and $10 million for restaurant groups. Grant funds will not be taxed like income.
SBA Restaurant Revitalization Fund::
WebNov 23, 2024 · The U.S. Small Business Administration (SBA) is releasing $83 million in leftover Restaurant Revitalization Fund (RRF) aid to restaurateurs who were denied … WebNov 3, 2024 · A second round of RRF funds were voted on and rejected by Congress, leaving struggling restaurants stranded without a lifeline. Turns out, that wasn’t the case. During an investigation this... install node aws ec2
Sample SBA Letter Head
WebTo ensure that small businesses have access to the capital they need to see them through the current challenges resulting from COVID-19, Western Economic Diversification … WebNov 30, 2024 · Today, we’re talking about te latest RRF updates. Just before the Thanksgiving holiday, the U.S. Small Business Administration announced that the government agency would be distributing $83... WebApr 6, 2024 · Wicker was an author of the legislative provision that created the RRF, though he voted against the mega-bill that eventually incorporated his words, the American Rescue Plan. Word that the two were collaborating on a plan to re-up the RRF created a stir in Congress back in December, before even a draft of the bill had been made public. jim harbaugh dates joined