Restaurant Revitalization Fund: Overview

FAQs

Download the Restaurant Revitalization Fund Policy Brief 

An eligible business may receive a tax-free federal grant equal to the amount of its pandemic-related revenue loss, calculated by subtracting its 2020 gross receipts from its 2019 gross receipts.

  • If the business is not in operation for the entirety of 2019, the total is the difference between 12 times the average monthly gross receipts for 2019 and the average monthly gross receipts in 2020 (or a formula from SBA).
  • If the business is not in operation until 2020, it can receive a grant equal to the amount of “eligible expenses” subtracted by its gross receipts received (or a formula from SBA).
  • If the business is not yet in operation as of the application date, but it has “eligible expenses,” the grant would be made equal to those expenses (or a formula from SBA).

Eligibility

Own or operate 20 or fewer establishments (together with any affiliated business), regardless of ownership type of the locations and whether those locations do business under the same or multiple names, as of March 13, 2020. An affiliated business has an equity or right to profit distribution of 50 percent or more, or has contractual authority to control the direction of the business, provided that such affiliation “shall be determined as of any arrangements or agreements in existence as of March 13, 2020."

  • Eligible entities include a restaurant, food stand, food truck, food cart, caterer, saloon, inn, tavern, bar, lounge, brewpub, tasting room, taproom, licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or purchase products, or other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink.
  • Entities can apply using their existing business identifiers, as the SBA will avoid imposing additional burdens on applicants.
  • Publicly-traded companies are ineligible. 
  • Entities must submit a good faith certification that: Uncertainty of current economic conditions makes necessary the grant request to support the ongoing operations; And the entity has not applied for nor received a “Shuttered Venue Operators” grant (generally for performing arts, live venues, theaters, etc.).

For more on our work on the Restaurant Revitalization Fund (RRF) visit restaurantsact.com