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Some restaurants received new Restaurant Revitalization Fund money. Find out why.
In March 2021, the American Rescue Plan Act provided $28.6 billion to the Small Business Administration (SBA) for the Restaurant Revitalization Fund. In November, 2022, SBA announced that it was distributing $83 million in unobligated RRF money to 169 restaurant operators who had pending RRF applications.
Find restaurants in your neighborhood that received pandemic funding.
The Small Business Administration (SBA) provided $28.5 billion in Restaurant Revitalization Fund (RRF) grants to 100,700 restaurants and similar businesses to help keep their doors open. Recipients are not required to repay the grant money as long as they spend it for approved uses no later than March 11, 2023.
PRAC Releases A New Way To Show Pandemic Funding By Individual Federal Agencies
Robert A. Westbrooks, Executive Director of the Pandemic Response Accountability Committee (PRAC), announced a new way to view data on PandemicOversight.gov.
Charged: PPP scammers.
The Department of Justice (DOJ) recently announced that more than fifty people have been criminally charged with fraudulently obtaining loans from the Paycheck Protection Program (PPP).