On May 3, the SBA is opening the first phase 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.
In the first 21 days, SBA will accept applications from all eligible applicants, but only process and fund priority group applications. During this period, SBA will fund ap...
