The SBA is expected to imminently announce the opening of the Restaurant Relief Fund, a provision of the American Rescue Plan Act. The law provides $28 billion in grants, based on lost 2020 income, to restaurants and bars; food trucks, carts and stands; caterers, brewpubs, tasting room, and similar authorized operations.
A set-aside of $5 billion is available to smaller entities with sales under $500K. Learn the details, application procedures and requirements. Register to stay updated should a time change be required. — Catherine Marx, CT District Director, SBA — Julio Casiano, CT Deputy District Director, SBA