SBA Restaurant Revitalization & Additional Programs Q&A

The DC Department of Small & Local Business Development is a DC government agency that provides support, training, and technical assistance to all small and local businesses and aspiring entrepreneurs in the District.

Department of Small & Local Business Development

Rod Johnson from SBA Washington Metro Area will present and take questions about SBA funding and loan recovery programs.

The US Small Business Administration has released application information about the $26B <a href="https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Restaurant Revitalization Fund</a>. The fund will open on MAY 3 at 12 pm eastern, prior to the date of this session. It is currently recommended that businesses be prepared to submit applications on the date of opening of the grant in case funds run out.Please join DSBLD on May 7th as we host Rod Johnson, SBA Washington Metro Regional Project Officer, for an indepth Q&A on the Restaurant Relief Fund, PPP, and EIDL programs.<blockquote>By registering for this Q&A Webinar, DC businesses will also register to receive DSLBD outreach on support and updates on this funding opportunity. If you would like to sign up for that outreach without registering for this session, <a href="https://lp.constantcontactpages.com/su/7rzeC2X" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">you may do so here.</a></blockquote><blockquote>Businesses may also sign up for <a href="https://public.govdelivery.com/accounts/USSBA/subscriber/new?topic_id=USSBA_354" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">direct SBA outreach on the funding opportunity here</a>.</blockquote>The following for-profit establishments may be eligible for the Restaurant Revitalization Fund:<ul><li>Restaurants</li><li>Food stands, food trucks, food carts</li><li>Caterers</li><li>Bars, saloons, lounges, taverns</li><li>Snack and nonalcoholic beverage bars</li><li>Bakeries (onsite sales to the public comprise at least 33% of gross receipts)</li><li>Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)</li><li>Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)</li><li>Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)</li><li>Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)</li><li>Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products</li></ul>A <a href="https://www.sba.gov/sites/default/files/2021-04/SBA%20Form%203172%20RRF%20Application%204.8.21-508.pdf" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">sample RRF application is available here</a> for review and preparation.Questions about this session? Please feel free to reach out to Inno.ED@dc.gov.

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SBA Restaurant Revitalization & Additional Programs Q&A

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