The Restaurant Revitalization Fund (RRF) is a $28.6B SBA grant program established through the American Rescue Plan Act. The grant is calculated by taking your 2019 gross receipts and backing out your 2020 gross receipts and PPP loan funds.
Many businesses in the food and beverage industry have been struggling through the pandemic and Synergi Partners is prepared to help guide you through the complex grant process. This time sensitive program will allow you to quickly infuse funds into your business.
Let Synergi Partners assess the opportunity, maximize benefits, and manage the grant process from application to approval. As always, Synergi Partners will keep your business in compliance and provide audit support.
Maximum per grant
Maximum per location
Restaurants with 20 or fewer locations are eligible for this program
Grants can cover eligible expenses incurred between February 15, 2020 to December 31, 2021
Unused grant funds must be returned
Initial period that prioritizes businesses owned by women, veterans, and economically disadvantaged
Not subject to federal income tax
There are some parameters around eligibility. Organizations must own or operate 20 or fewer establishments. Ineligible businesses include publicly traded companies, businesses that have applied for the Shuttered Venue Operator Grant, and state or local government operated businesses. Below lists the businesses that are eligible for the grant: