Restaurant Revitalization Grants
May 03, 2021 12:00AM ● By Zach Seal, Senior Management Analyst, City Manager's Office
Photo courtesy of neshom/Pixabay
The program will provide restaurants with funding equal to their pandemic-related revenue loss
Martinez Business Owners and Stakeholders:
The United States Small Business Administration has launched the Restaurant Revitalization Fund to provide grants to eligible restaurants, microbreweries, bars, caterers, and other qualifying businesses impacted by COVID-19.
The application will go live on Monday, May 3rd at 9am. Get a head start and register for the application portal beginning Friday April 30th at 6am. The link to register and then apply is here: https://bit.ly/3eX6RXJ
The program will provide restaurants with funding equal to their pandemic-related revenue loss up to $5 million per physical location (cap of $10 million total for businesses with multiple locations). Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Visit https://bit.ly/3xCM4AY for a full summary of program guidelines and eligibility requirements.
Here are some helpful pre-recorded webinars:
Special Briefing on the Restaurant Revitalization Fund: https://bit.ly/2Rfrvty
Restaurant Revitalization Fund - Learn How to Apply: https://bit.ly/3nB08Gt