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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.
Robert A. Westbrooks, Executive Director of the Pandemic Response Accountability Committee (PRAC), announced updated interactive data dashboards, published today on PandemicOversight.gov.
Here’s a look at some programs designed to help individuals and businesses recover financially from the pandemic. Some ended as required by law, and others ran out of money and are no longer accepting applications.
BOSTON – A Brockton man was charged on July 21, 2022 in connection with a scheme to submit false applications to obtain Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) funds through the Small Business Administration (SBA) which were made available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
BOSTON – The owner of a Massachusetts-based food truck business has been arrested and charged in connection with allegedly filing fraudulent loan applications in order to obtain $1.5 million in pandemic relief under the Coronavirus Aid, Relief and Economic Security (CARES) Act and the American Rescue Plan Act.