Norcal SBDC Restaurant Revitalization Fund WEBINAR
RESTAURANT REVITALIZATION FUND
This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. It will be disbursed as a direct payment like the EIDL Advance (i.e. not through a bank only through SBA)
For the first 21 days that the program is open, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis.
You are NOT required to have a DUNS number or SAM registration to apply. You cannot apply for this if you applied for the SVOG program.
ELIGIBLE BUSINESSES
- Restaurants
- Food stands, food trucks, food carts
- Caterers
- Bars, saloons, lounges, taverns
- Snack and nonalcoholic beverage bars
- Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
- Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
- Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
- Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
- Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
- Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
Date and Time
Thursday Apr 29, 2021
2:00 PM - 3:00 PM PDT
Thursday April 29th from 2:00-3:00
Location
The site will open up fully on Monday, May 3rd at 12:00pm Eastern
for applicants to apply and upload documentation.
Webinar Guest Speakers from the SBA and approved vendor Lendistry
will be with us with plenty of time for Q&A
Fees/Admission
FREE