Tag: Restaurants

Revitalizing the RRF

The Restaurant Revitalization Fund (RRF) may again be funded if a bill passes the Senate. The bill, H.R.3807 – Restaurant Revitalization Fund Replenishment Act of 2021, was originally introduced in June 2021 by the House – Small Business committee. After a long period of time and important revisions, the bill was reintroduced and passed by the House of Representatives. The bill calls to replenish $42 billion into the RRF, which would be used to fund applicants that were in queue to receive funds until the program was paused.

The SBA was forced to stop providing funds due to a discrimination law suit, and then ran out of funds shortly after.

For more information on this bill, visit the bill’s information page on congress.gov.

SBA Restaurant Revitalization Fund (RRF) – Important Update

Due to recent court rulings, the SBA will not be able to disburse Restaurant Revitalization Fund award at this time. 

The Restaurant Revitalization Fund, enacted through the American Rescue Plan Act, prioritized applications from small businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals for the first 21 days of the program.  After SBA launched the Restaurant Revitalization Fund, three lawsuits were filed challenging the 21-day priority application period—one in the Eastern District of Tennessee and two in the Northern District of Texas.  These lawsuits have led to three court rulings that preclude us from disbursing award funds to you.  SBA’s leadership is frustrated with this outcome and remains committed to doing everything we can to support disadvantaged businesses getting the help they need to recover from this historic pandemic. 

In the coming days, SBA’s portal system will reflect that SBA will not be able to disburse your award.  Specifically, you will see the status of your application in SBA’s portal change to “fully canceled.”  This status change reflects only that SBA is not able to disburse your award. 

SBA will continue to maintain your processed Restaurant Revitalization Fund application in its place in the application queue based on your date of application.  If Congress provides SBA with additional money for the Restaurant Revitalization Fund, SBA will continue to process in the order received and fund applications as approved until the additional money is exhausted.  You will not be required to submit a new Restaurant Revitalization Fund application.