Restaurant revitalization fund foia. 6 billion program to aid restaurants, bars .

Restaurant revitalization fund foia CSV; XLSX; PPP FOIA. 6 billion; Average award was $283K Press Release On July 2, U. Louis, Missouri Restaurant Revitalization Program to St. It was recently signed into law as part of the American Rescue Plan Act. Small Business Administration (SBA) On May 10, the first payments from the Restaurant Revitalization Fund (RRF) went out to more than 16,000 restaurants and other food and beverage providers. Watch on Demand. Contact your representatives to ensure smooth Our mission to understand communities’ experiences with pandemic funding and programs brought us next to Sheridan County, Nebraska, where we gathered valuable lessons learned to improve federal emergency response programs. RRF_FOIA. To see all money associated with this program, use the All Pandemic Awards dashboard and search for the program in the filter bar. 6 billion fund that will provide grants to restaurants Leone was charged by indictment on May 16, 2024, with three counts of wire fraud for making false representations in documents relating to the Paycheck Protection Program (“PPP”) and Restaurant Revitalization Fund (“RRF”) program, which provided emergency financial assistance to business owners suffering the economic effects of the In Georgia, over 2,674 restaurants have received approval for $619,754,636 in loans from the Restaurant Revitalization Fund (RRF). This form is the post-award report that Restaurant Revitalization Fund (RRF) recipients must submit to SBA to confirm that funds are used fully and in accordance with program requirements. Almost 38,000 applicants have already been approved for more than $6 billion. 6 billion to the Small Business Administration to help the food service industry weather the COVID-19 pandemic. Mayor Bowser is encouraging local small business owners to apply for the Restaurant Revitalization Fund, a relief program operated by the U. SBA Coronavirus (COVID-19) Relief Options: Restaurant Revitalization Fund (RRF) Report and Data. See section 324(d)(2)(A) of the Economic Aid Act. Customs and Border Protection (CBP) and the Department of Homeland Security (DHS) The Small Business Administration has published new guidelines for the Restaurant Revitalization Fund, creating a “priority” group that will be first in line for a limited Some agencies choose to report funding totals for multiple programs in a single submission. WHAT IF I DIDN’T FILL OUT THE REPORT BEFORE 12/31/2021 COS’ I TOTALLY NOT KNOW THAT I HAVE TO FILL OUT THE FIRST REPORT BEFORE 12/31/2021 COS’ I THOUGHT THAT I CAN DO IT AFTER 4/15/2022. 1. The report is due by Dec. Small Business Administration’s (SBA) oversight of Restaurant Revitalization Fund (RRF) recipients. 6 billion for SBA to award funds. 6 billion to restaurants sustaining losses during COVID-19. We This SBA OIG pandemic oversight report reviewed the U. Eastern. In March 2021 Congress appropriated $28. Small Business Administration (SBA) said that it had begun sending out more than $2 billion in a first round of funding to restaurants, bars and The Restaurant Revitalization Fund is long overdue, but it’s finally here. The bill would also put $13 billion toward other businesses impacted by the COVID-19 crisis. 6 billion RRF, the U. 6 million in COVID-19 relief funds including $474,000 from first draw and second draw Paycheck Protection Program (PPP) loans, an Economic Injury Disaster Loan (EIDL) for $499,900 and a Restaurant Revitalization Fund (RRF) grant for $631,823. The RRF awards will provide $28. Small Business Administration’s (SBA) Restaurant Revitalization Fund (RRF) application review and approval process. Not everyone will get money, even if they’re eligible: Unfortunately, Kelley said, the voted-on funding is not enough to meet the demand of the industry and many eligible applicants will not be able to receive funding due to shortages of cash and high demand. Small Business Administration (SBA) has awarded funding through the Hawaii In Missouri, over 1,200 restaurants have received approval for $284,160,480 in loans from the Restaurant Revitalization Fund (RRF), including those restaurants in St. 6 billion for a restaurant revitalization fund at the SBA to RESTAURANT REVITALIZATION FUND 1. The Small Business Administration (SBA) began accepting applications and We reviewed the U. 6 billion for restaurants with 20 or fewer locations, and will be administered by the U. Past DIA Meetings. NOW WHAT? LEARN MORE Visit RestaurantsAct. 6 billion to assist eligible small businesses adversely affected by the Coronavirus Disease 2019 (COVID-19) pandemic. Small Business A bill that would refill the Restaurant Revitalization Fund with $40 billion failed to pass the Senate Thursday, dealing what could be a death blow for some struggling restaurants that didn't receive grants from the program. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they The indictment alleges that from March 2020 to June 2022, Suel and his business partner conspired to use the false corporate tax return for tax year 2020 to qualify for the COVID-related Paycheck Protection Program and Restaurant Revitalization Funding loans. 545 million in cryptocurrency and more than $206,000 in U. 4008) secured a bipartisan majority in favor of passing the bill at 52 votes versus 43 This webinar will provide valuable insight on best practices in navigating the SBA’s increasing review of Restaurant Revitalization Fund grants and Payment Protection Loans obtained during the pandemic, including: Strategies for Responding to Inquiries Regarding PPP/RRF Eligibility; •The personal stimulus checks ($1,400) should also help restaurants, especially given that the smaller checks issued in December 2020 increased casual dining sales by 3% and fast food sales by 5% for roughly 3 weeks •Any funds received must be spent in 2021 and excess funds shall be returned to the Treasury Restaurant Revitalization Fund (RRF) What Is It? •The American Rescue Plan Act (ARPA) became public law on March 11, 2021 and established the RRF •ARPA appropriated $28. Recipients will complete this report on the RRF Platform. Restaurant Revitalization Fund (RRF) FOIA. RRF recipients are required to report their spending (whether complete or not) by December 31, 2021, and Restaurant Revitalization Fund Award Disbursements, May 3–July 1, 2021 Just over 100,000 businesses received funding (40 percent of eligible applicants). On March 11, the American Rescue Plan Act of 2021 created the $28. While this WASHINGTON - SBA Administrator Isabella Casillas Guzman today announced the U. Restaurant Revitalization Fund. They plan to Join U. Program officials designed the RRF application validation and approval processes using the Government Accountability Office’s A Framework for Managing Fraud Risks in Owner of Denny’s Restaurants in New York and Arizona to Pay $2 Million for Falsely Certifying Eligibility for Restaurant Revitalization Fund Grant. The new tax credit would offset restaurants payroll tax liabilities up to $25,000 per quarter in 2023, or a maximum of $100,000. 9 trillion economic stimulus package enacted to assist with the United States’ recovery from the COVID-19 pandemic. A southern Oregon restaurant was sentenced in federal court today for stealing more than $759,000 in federal funds intended to help small businesses during the Covid-19 pandemic. 2024. XLSX; CSV; Surety Bond Guarantee FOIA. 6 billion program to aid restaurants, bars created restaurant revitalization fund at the U. “Until that happens, bills like the Restaurant Revitalization Tax Credit Act will help keep restaurants afloat. Includes saloons, inns, taverns, lounges, and brewpubs. Amigos Mexican Cuisine & Cantina LLC, formerly located outside of Medford, Oregon, was sentenced to pay a criminal fine of $200,000 and $759,100 in restitution to the grant funds may be used for certain qualifying expenses, including payroll costs, which has the same meaning as under section 7(a)(36)(A) of the Small Business Act. The program provided much needed A year after Congress established the woefully underfunded Restaurant Revitalization Fund (RRF), which ran out of money in just weeks, the U. Explore More information SBA Coronavirus (COVID-19) Relief Options: Restaurant Revitalization Fund (RRF) Report and Data Field Value; Data last updated: January 9, 2023: Metadata last updated: January 9, 2023: Created: July 12, 2021: Format: CSV: License: Other (Public Domain) Id Field Value; Data last updated: August 18, 2021: Metadata last updated: August 18, 2021: Created: July 8, 2021: Format: XLSX: License: Other (Public Domain) Id The Freedom of Information Act (FOIA) gives you the right to request access to records from any federal agency. Field Value; Data last updated: August 18, 2021: Metadata last updated: August 18, 2021: Created: July 8, 2021: Format: XLSX: License: Other (Public Domain) Id SBA’s Oversight of Restaurant Revitalization Fund Recipients (Report 23-15) What OIG Reviewed We reviewed the U. Small Business Administration Broken down by business type, restaurants made up the lion’s share of RRF grant recipients, comprising roughly 60 percent of all businesses receiving funds (as detailed in figure 2). 866-702-4430; Client Login; Primary Menu. Past DDRB Meetings. Loans by Product. The Restaurant Revitalization Fund (RRF) is designed to help. Small Business Administration (SBA) is awarding funding through the Restaurant Revitalization Program to restaurants, bars, and other similar places of business that serve food or drink. Resources. Storefront Facade Grant Program. Territories. The purpose of this Restaurant Revitalization Fund (RRF) FOIA. Freedom of Information Act (FOIA) History of Lincoln Park; Medical Marihuana; New Resident Information; Locate or Open a Business; Current Special Assessments; Upcoming Events; The Small Business Administration announced that registration for the Restaurant Revitalization Fund will open on Friday, April 30, 2021, We inspected the U. EDT and open applications on Monday, Restaurant Revitalization Fund (RRF) data Other program information Access additional information about SBA’s current and past COVID-19 relief programs, including documents in other languages and debt relief for SBA loan Our Restaurant Revitalization Fund Call Center can help! Please call us at 844-279-8898. 28. 6 billion for a restaurant revitalization fund at the SBA to The Relief for Restaurants and Other Hard Hit Small Businesses Act of 2022 (H. RRF recipients have until March 11, 2023, to expend funds in accordance with program requirements and must file a report Following the 21 days, all eligible applications will be funded on a first-come, first-served basis with the online application remaining open to any eligible establishment until all funds are exhausted. 8 thoughts on “Tips & Tricks for Restaurant Revitalization Fund (RRF) Year-End Reporting” POLLY says: April 21, 2022 at 3:13 pm. Driving the news: Kenney signed a Jan. 3807), which would refill the Restaurant Revitalization Fund with $42 billion, was reintroduced in a Rules Committee meeting in the House of Representatives on Tuesday. ), Ben Cardin (D-Md. The U. Public: This dataset is intended for public access and use. Restaurant Revitalization Fund (RRF) FOIA Metadata Updated: February 9, 2023. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. The grant program, administered by the Small Business Administration (SBA), is intended to cover the total David Tai Leung, 58, of Sacramento, pleaded guilty in February 2024 to three counts of wire fraud, in violation of 18 U. Small Business Administration (SBA) is based on the bipartisan RESTAURANTS Act. 6 billion Restaurant Revitalization Fund, including a sample application and program guide as operators brace for what promises to be a crowded pool of WASHINGTON – Today, U. The Restaurant Revitalization Fund will offer $28. In March 2021, The Small Business Administration announced that its Restaurant Revitalization Fund (RRF) will Federal law requires that information about entities and organizations receiving federal funds be disclosed to the public. 6 billion We would like to show you a description here but the site won’t allow us. Generally, businesses will be considered affiliates if, as of March 13, 2020, a single entity owns 50% or more of each business or an entity has common control over the businesses. Small Business Administration Administrator Isabel Guzman announces the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as The Restaurant Revitalization Fund was established in March 2021 to support eligible entities suffering reven. In Hawaii, over 1,145 restaurants have received approval for $414,414,728 in loans from the Restaurant Revitalization Fund (RRF). Jan 03, 2025. The portal will reopen if funds are replenished by Congress. All Applicants that do not fully expend award funds prior to December 31, 2021, will be required The Restaurant Revitalization Fund is a $28. 278,304 = 177,000 = Restaurant Revitalization Fund; COVID-19 recovery information in other languages; SBA debt relief; Reporting identity theft; Preventing fraud and identity theft; Investment capital; Disaster assistance; Surety bonds; Grants The proposed legislation would help restaurateurs grappling to manage debts incurred during the pandemic, pay their staff and improve their finances, according to a statement from Blumenauer’s office. To ensure that the smallest businesses and those in underserved communities receive funding awards, SBA has set-aside funds that are available only for certain applicants. SBA’s Restaurant Revitalization Fund Program Award Practices; SBA - 24-09 - 1. License: us We would like to show you a description here but the site won’t allow us. Followers 0. Small Business Administration (SBA) previously The U. Romero announced that Giuseppina “Josephine” Leone, 61, of North Wales, PA, was charged by indictment with three counts of wire fraud for making false representations in documents relating to the Paycheck Protection Program (“PPP”) and Restaurant Revitalization Fund (“RRF”) program, which Economic relief prioritized for underserved communities Press Release SALT LAKE CITY – The U. Related: More questions on the Restaurant Revitalization Fund program answered. The SBA is closing the Restaurant Revitalization Fund portal on July 14. Online. They will be setting up an online “landing page” that will serve as the information hub for this program. The vote on Small Business COVID Relief Act of 2022 (S. Suel’s businesses fraudulently received $1,773,245 million in COVID-related Paycheck Protection Program loans and Restaurant Revitalization Fund grants, two programs created to provide financial assistance to Americans suffering economic harm as a result of the COVID-19 pandemic. Last updated: unknown: Created: unknown: Name: Restaurant Revitalization Fund (RRF) FOIA Data: Format: Web Resource: License: us-pd: Created: 4 months ago: id We would like to show you a description here but the site won’t allow us. Small Business Administration (SBA) began distribution of returned funding in the Restaurant Revitalization Fund (RRF) program, following the program’s closure in June 2021. Patty Murray (D-Wash. Eligible restaurants may receive a tax-free federal grant equal to the amount of its COVID-19 pandemic-related revenue loss. The RRF provided $28. Recipients are not required to repay the funding as long as “This week, the U. SBA Restaurant Revitalization Fund Grants The Small Business Administration’s (SBA’s) $28. 6 billion Restaurant Revitalization Fund Program (RRF) was authorized by P. Market research and competitive analysis; Write your business plan; Calculate your startup costs RRF is no longer accepting new applications. The RRF features $28. Jan. Louis. 6 billion available for restaurants Over the weekend, The SBA shared long-awaited details on the $28. Small Business Administration’s (SBA) administrative process used to review potentially fraudulent Restaurant Revitalization Fund (RRF) applications and recover funds. Most recipients (72 percent) reported they were owned by women, veterans, or members of socially and SOURCE: U. 6 billion for RRF, authorizing SBA to award funds •The appropriations remain available until expended •Fund must be used for eligible uses no later than March 11, 2023 2 Once Mendes received the funds, he spent them for his own personal benefit—including for the purchase of cryptocurrency. A data dictionary is provided to help navigate the files. 2022 SVOG program CARES Act - Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL), Pandemic Unemployment Assistance (PUA), Pandemic Emergency Unemployment Compensation (PEUC), Restaurant Revitalization Fund (RRF), Governor’s Emergency Education Relief Fund (GEER), Elementary and Secondary School Emergency Relief Fund (ESSER), Use of Funds Validation is now available for Restaurant Revitalization Fund awardees. The first industry-dedicated program since Learn more about the Pandemic Analytics Center of Excellence (PACE) and our expert team of data scientists who track down pandemic fraudsters—and help Inspectors General hold them accountable. gov RRF funds must be used by March 11, 2023, on eligible expenses incurred beginning February 15, 2020, and ending March 11, 2023. Jul 01, 2021. We The Restaurant Revitalization Fund was established in March 2021 to support eligible entities suffering revenue losses from the COVID-19 pandemic. The purpose of this funding is to provide support to eligible entities that suffered revenue losses related to the COVID-19 pandemic. Source: Restaurant Revitalization Fund (RRF) FOIA. Small Business Administration’s Restaurant Revitalization Fund application review and approval process. 2023. These appropriations remain available until expended. gov. William Shear discusses our July 2022 report on the Restaurant Revitalization Fund and the opportunities to improve oversight of the program. Small Business Administration (SBA) announced they will beginregistrations for the Restaurant Revitalization Fund (RRF)on Friday, April 30,2021, at 9 a. The Restaurant Revitalization Fund was established in March 2021 to support eligible entities suffering revenue losses from the COVID-19 pandemic. Loans. Aaron Frazier, Director of Healthcare and Tax Policy for the National Restaurant Association, returned to Order Up to discuss the success of the RRF. Restaurant The subsector was devastated by the COVID-19 pandemic due to mandatory closures, stay-at-home and social-distancing orders, and travel restrictions. 2. In accordance with Public Law 117-2, § 5003(a)(4)(A)(i) take immediate action to review and recover improper payments from the 14 affiliated business groups disclosed by RRF applicants for a total of $55,067,326 in excess funds paid, beyond the $10 million limit per affiliated group. 6 billion to more than 100,000 SBA Coronavirus (COVID-19) Relief Options: Restaurant Revitalization Fund (RRF) Report and Data. Office of Capital Access There is no description for this organization. WASHINGTON – Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p. Water Quality Compensatory Credits. The United States seized cryptocurrency and fiat currency from over 20 accounts that, with additional funds turned over by Mendes, resulted in the recovery of $1. Section 5003 of the ARP provides grants to qualifying restaurants and food vendors (restaurant revitalization grants). Thanks to the American Rescue Plan, passed by Congress and signed into law by President Biden, the SBA’s Restaurant Revitalization Fund will be giving out $28. to report how they spent the grant funds by eligible expense category. After an overwhelming response to the Restaurant Revitalization Fund, the application portal is now closed for new applications. The Restaurant Revitalization Fund (RRF) begins accepting applications from eligible entities on Mon. The RRF provided grants of up to $5 million per permanent physical business location (not to exceed $10 Restaurant Revitalization Fund Program (RRF) was authorized by P. Small Business Administration that will provide relief to businesses hurt by the COVID-19 pandemic. Restaurant Revitalization Fund (RRF) FOIA Data and Resources. csv CSV. (HRA) to pay them back. The median award was about $126,000. Most recipients (72 percent) reported they were owned by women, veterans, or members of socially and The U. The letter also requested that the SBA prioritize the roughly 7,000 applicants who were approved for grants last year but didn’t receive funding. 6 billion Restaurant Revitalization Fund, authorized by the March stimulus bill, is now taking applications for grants for restaurants, bars, and other similar places of business that serve food or drink. SBA is awarding funding through the Restaurant Revitalization Program to restaurants, bars, and other similar places of business that serve food or drink. ARP included $28. 6 billion provided. C. We are available Monday through Friday, 8:00 a. The initiatives described are limited to the level of available funding provided by Congress. Small Business Administration (SBA) is required to disclose Nation’s Restaurant News reported that the file was released in response to a Freedom of Information Act (FOIA) request from the Independent Restaurant Coalition. The Restaurant Revitalization Program (RRP) provides up to $30,000 to select restaurants to pay unemployed or under-employed workers affected by the COVID-19 crisis. 7 million in gross receipts on Rockstar Dough LLC’s 2020 corporate tax return (Form 1120S) filed with the IRS in order to qualify for the COVID-related Paycheck Protection Program and Restaurant Revitalization Funding loans. Of the funds provided, $5 billion was THE RESTAURANT REVITALIZATION FUND (RRF) has been a critical lifeline for restaurants across the country, helping them rebuild from the damaging effects of pandemic-related revenue loss. The fund establishes a $28. The objective of this review was to determine whether the controls SBA implemented to award RRF program funds in accordance with the Act and other applicable guidance were effective. The RRF provided grants of up to $5 million per permanent physical business location (not to exceed $10 million per applicant and any affiliated businesses) to restaurants and other similar places of business that had Restaurant Revitalization Fund Award Disbursements, May 3–July 1, 2021 Just over 100,000 businesses received funding (40 percent of eligible applicants). Small Business Administration (SBA) is administering the program, and will be issuing the necessary federal rules, regulations, and WASHINGTON – SBA Administrator Isabella Casillas Guzman today announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RRF). The objective of this review was to determine whether the In Hawaii, over 1,145 restaurants have received approval for $414,414,728 in loans from the Restaurant Revitalization Fund (RRF), including those restaurants in Honolulu. To learn more about the Restaurant Relief Fund, visit the SBA’s Restaurant Revitalization Fund website. Established by the American Rescue Plan Act, the RRF has $28. xlsx XLSX. ALBANY, NEW YORK – Feast American Diners LLC and Dawood “David” Beshay, the corporate owner and managing member of multiple Denny’s restaurants throughout Arizona and New York, including July 28, 2021 Kathleen (Splett) Pfutzenreuter Categories: Levy Tags: american rescue plan act, Internal Revenue Service, IRS guidance, Levy, Metro MN Tax Lawyer, Minneapolis Tax Attorney, Minneapolis Tax Lawyer, minnesota tax, MN Tax Attorney, restaurant levy, restaurant revitalization fund, restaurant tax levy, RRF, small business Restaurant Revitalization Fund (RRF) FOIA. This dataset has no description. S. The $28. The Restaurant Revitalization Fund was hailed as a banner win for operators—the culmination of months of lobbying and pleas from decimated restaurants across America. The Small Business Administration (SBA) began accepting applications and awarding funds in May 2021. 6 billion program, signed The SBA posted a list in response to an FOIA request of restaurants awarded grants under the Restaurant Revitalization Fund (RRF). Search Results Close. Small Business Administration officially launched the Restaurant Revitalization Fund landing page, where business owners can learn all about the program details, who can apply, when and how to apply, and information on funding amounts and allowable (Washington, DC) – Today, ahead of National Small Business Week, Mayor Bowser is encouraging local small business owners to apply for the Restaurant Revitalization Fund, a relief program operated by the U. Small Business Administration (SBA) previously awarded funding through the St. The RRF provides grants of up to $5 million per permanent physical business location (not to exceed $10 million per applicant and any affiliated businesses) to restaurants and other similar places of business “in which Restaurant Revitalization Fund Overview - English version Descripción general del Fondo de revitalización para restaurantes نظرة عامة على صندوق تنشيط المطاعم Sign in. America First Legal submitted Freedom of Information Act (FOIA) requests to U. OVERVIEW. The American Rescue Plan Act of 2021 authorized SBA to administer the RRF and provided $28. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a. by Mason Barringer, CPA, CFE | May 10, 2022 | Hospitality & Restaurants, Tax Watch. The obligated and spent totals shown here only reflect those reported for this program alone. Duration: 1 hour, 3 minutes. HRA can provide 25% of the From March 2020 to June 2022, Suel and Smith allegedly conspired to underreport over $1. By December 31, 2021, all Awardees are required to report through this application portal how much of their award has been used against each eligible use category. [1] [2] [3] References This page was last edited on 13 October 2023, at 22:13 (UTC). Access & Use Information. Other (Public Domain) Dataset; Groups; Activity Stream; Groups. Explore More information Download RRF FOIA Data Dictionary. The restaurant Restaurant Revitalization Fund Program (RRF) was authorized by P. Small Business Administration Administrator Isabel Guzman announced the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as part of the American Rescue Plan. Text is available under the Creative The Restaurant Revitalization Fund (RRF) was established to provide funding for eligible restaurants, bars, and other qualifying businesses adversely affected by COVID-19 according to Section 5003 of the American Rescue Plan Act of 2021 (the Act). Seventy-three Congress members wrote and signed a letter to the Small Business Administration Tuesday, pushing the agency to immediately disburse $180 million in leftover Restaurant Revitalization Fund money. Why it matters: Philly's restaurant and hospitality industry is struggling the most out of any other sector in recovering from pandemic-driven shutdowns and changes, Pew data shows. See a detailed breakdown of restaurants, bars, and other Did the billions of pandemic funds that went to local communities work? How can we improve programs for future emergencies? We visited six communities to get answers. 6 billion fund administered by the U. Further, from May 13, 2020, to July 27, 2021, Gholam Kowkabi obtained more than more than $1. Louis restaurants, bars, and other similar Mayor Jim Kenney joined 24 other mayors in urging Congress to provide more aid to the Restaurant Revitalization Fund. The RRF provided grants of up to $5 million per permanent physical business location (not to exceed $10 created restaurant revitalization fund at the U. EDT and open applications on Monday, May 3, 2021, at The SBA Has Released The Official RRF Start Date- The SBA announced the start date for the Restaurant Relief Fund will be Monday, May 3, 2021 at noon EDT. R. 10 steps to start your business; Plan your business. ue losses from the COVID-19 pandemic. The RRF ran out of money in July, leaving nearly 200,000 eligible restaurants without desperately needed funds. So far, the Restaurant Revitalization Fund program has received more than 303,000 applications requesting $69 billion in funds, with 57% of requests coming from women, socially and economically disadvantaged individuals and veterans. Remember Me SBA Restaurant Revitalization Fund Grants https://crsreports. Who is an “eligible entity” for Restaurant Revitalization Fund Grants (RRFG)? Entities that own a place of business where the public or patrons assemble for the primary purpose of being served food or drink, including a: • Restaurant, Food Stand, Food Truck, Food Cart; SBA Restaurant Revitalization Fund Grants The Small Business Administration’s (SBA’s) $28. The legislation was jointly introduced by Sens. 6 billion dollars in targeted relief– through grants – not loans – to restaurants and PHILADELPHIA – United States Attorney Jacqueline C. Social. Small Business Administration (SBA) has awarded funding through the Within two days of launch, the Restaurant Revitalization Fund had more than 186,000 applications from restaurants across the country in need of financial assistance. So In Florida, over 5,736 restaurants have received approval for $1,344,732,151 in loans from the Restaurant Revitalization Fund (RRF), including those restaurants in Orlando. As weather gets warmer and vaccination rates increase, customers are eating and drinking outside their homes again. 117-2, the American Rescue Plan Act of 2021. ET, to submit applications to the Restaurant Revitalization Fund. Note: The Restaurant Revitalization Fund is currently closed and no longer accepting applications. Updated 5/10/2021 YOUR BUSINESS SUCCESSFULLY RECEIVED A RESTAURANT REVITALIZATION FUND GRANT. The American Rescue Plan Act of 2021, signed into law on March 11, 2021, by President Biden, is a $1. ET. This program provided restaurants with funding equal to their pandemic-related revenue loss up to $5 million per location, not to exceed $10 million total for the The $28. congress. 6 billion in grants to hard-hit restaurants and bars, with restaurants able to apply for grants based on lost revenue. There are We would like to show you a description here but the site won’t allow us. Over 100k restaurants were awarded $28. 6 billion Restaurant Revitalization Fund to provide grants for restaurants sustaining financial losses due to the COVID-19 pandemic. Return to top SBA Restaurant Program SBA’s Revitalization Fund Program Award Practices (Report 24-09) What OIG Reviewed We reviewed the U. ) and Sherrod Brown (D-Ohio). Restaurant This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. More than 100,000 restaurants, bars, and other food and drink establishments got a share of the $28. com Disclaimer: Federal regulations are Section 5003 established the Restaurant Revitalization Fund (Fund) and appropriated $28. To aid this hard-hit subsector, the Restaurant Revitalization Fund was created by the In addition, Mayor Bowser joins the National Restaurant Association in urging the Small Business Administration (SBA) to take every step possible to disburse all remaining funds of the Restaurant Revitalization Fund (RRF), a critical recovery program for an industry devastated by the COVID-19 pandemic. Small Business Administration (SBA) Administrator Isabella Guzman to learn more about eligibility, applications, and priority access to the Restaurant Revitalization Fund (RRF). ANY SBA Restaurant Revitalization Fund Grants The Small Business Administration’s (SBA’s) $28. Due . BJ’s Restaurants enters an agreement with Ron Shaich’s investment company . Additional Resources: Restaurant Revitalization Fund to obtain information or file a complaint regarding the Small Business Administration's Restaurant Revitalization Fund (RRF). SBA stopped accepting applications in July 2021 with the The American Rescue Plan Act of 2021 (ARPA) established a $30 billion Restaurant Revitalization Fund (RRF) for 2021 administered by the Small Business Administration (SBA) to provide funding to help restaurants and other eligible businesses continue operating despite facing pandemic related revenue-losses. Username Password. Disaster home and business loans Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, RESTAURANT REVITALIZATION GRANTS 1 ELIGIBILITY 1. ” You may recall that in the earlier days of the pandemic in 2020 or so, the feds came up with some different relief programs including the Paycheck Protection Program, or “PPP” for short. Small Business Administration (SBA) is opening a dedicated web How do businesses apply for a grant from the Restaurant Revitalization Fund? The SBA will accept applications online, by phone, and via certain Point-Of-Sale systems. He was originally indicted on those charges in August 2022. Affordable Housing Support Loan. 1) Restaurants 2) Food stands, food trucks, food carts 3) Caterers 4) Bars, saloons, lounges, taverns 5) Snack and nonalcoholic beverage bars 6) Bakeries (onsite sales to the public comprise at least 33% of gross receipts) 7) Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts) 8) Breweries and/or microbreweries (onsite Restaurant Revitalization Fund to provide grants for restaurants sustaining financial losses due to the COVID-19 pandemic. Small Business Administration (SBA) that will provide emergency assistance for eligible restaurants, bars, food trucks, and other qualifying businesses impacted by the COVID-19 pandemic. Small Business Administration (SBA) that will provide emergency assistance for eligible restaurants, bars, food trucks, and other qualifying Downtown Historic Preservation & Revitalization Trust Fund. § 1343, in connection with fraudulently obtained loans he received from the Restaurant Revitalization Fund (RRF) and the Paycheck Protection Program (PPP). And the key factor in that is that they took advantage of a program from the federal government called the Restaurant Revitalization Fund or “RRF. Eastern through 5:00 p. Develop a plan for future similar programs to leverage applicable existing SBA data sources when determining eligibility and monitoring awards. Mobility Fee Credit. This information currently includes the entity's name, amount of the grant, funding agency, and location – among other requirements – and is published on SBA's website as well as on USASpending. "The Restaurant Revitalization Fund is a great program to help our restaurant and hospitality industry, which has suffered tremendous losses josh_d updated the dataset Restaurant Revitalization Fund (RRF) FOIA 2 years ago josh_d updated the dataset Restaurant Revitalization Fund (RRF) FOIA 3 years ago josh_d updated the dataset Restaurant Revitalization Fund (RRF) FOIA 3 years ago From March 2020 to June 2022 Suel and Smith allegedly conspired to underreport over $1. Organization. The plan should include requirements to evaluate effectiveness of the use of the data as controls to reduce risk of The Restaurant Revitalization Fund (RRF) 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. As a result of Senator Schumer’s efforts, the American Rescue Plan Act (ARP) was signed into law in March 2021. Unused funds must be returned to the SBA. The RRF provides grants of up to $5 million per permanent physical business location (not to exceed $10 million per applicant and any affiliated businesses) to restaurants and other similar places of business “in which Restaurant Revitalization Fund – Next Steps. Restaurant Revitalization Fund Program (RRF) was authorized by P. L. The purpose of this America’s restaurants were hard-hit by the COVID-19 pandemic. S 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. 7 million in gross receipts on Rockstar Dough LLC’s 2020 corporate tax return (From 1120S) filed with the IRS in order to qualify for the COVID-related Paycheck Protection Program and Restaurant Revitalization Funding loans. What is the Restaurant Return-to-Work Tax Credit Program? The Restaurant Return-to-Work Tax Credit Program (the Program) offers tax credits to qualifying restaurant small businesses that increase their employment during 2021. In doing so, the SBA We reviewed the U. , May 3 at 12:00 p. The RRF provided grants of up to $5 million per permanent physical business location (not to exceed $10 WASHINGTON – Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and five U. A week after opening the $28. Waterfront Restaurant Program. 31, 2021, and will be required each year until all grant funds are spent. 2025. Applications will soon be accepted for RRF grants, which will distribute $28. Twitter; Facebook; License. This week, President Biden is expected to sign the RRF into law as a part of the American Rescue Plan. 7 letter to House and Only restaurants that had applied for RRF funds before the program was suspended in mid-2021 are eligible. 6 billion to eligible restaurants. 26, 2024 — A federal grand jury returned an indictment yesterday charging Dory Lindsay Ford with charges related to COVID fraud, including bank fraud, wire fraud, and money laundering, announced United States Attorney Ismail J. The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to help restaurants and other eligible businesses keep their doors open. . Mar 15, 2021. SBA Relief Options . The American Rescue Plan Act of 2021 established the RRF to help small businesses in This SBA OIG pandemic oversight report reviewed the U. Government Accountability Office (GAO) released a report examining the A. — Getty Images/Volodymyr Rozumii Please note: Applications are Established through the American Rescue Plan (ARP), the Biden-Harris Administration recently launched the Restaurant Revitalization Fund (RFF) – a $28. Ramsey; IRS Criminal Investigation (CI) Acting Special Agent in Charge Michael Mosley of the Oakland Field Office; and Small The Restaurant Revitalization Fund (RRF) (or click here for program guide in Spanish) was launched by the SBA to help restaurants and other eligible for-profit businesses keep their doors open. The FOIA data CSV; XLSX; 7(a) & 504 Activity For information and procedures on submitting a request under the Freedom of Information Act (FOIA), visit Treasury's FOIA page at Freedom of Information Act. These reports provide bond-level data on all Surety Bond Guarantee applications submitted since FY2020. m. tisst zgwry mzzo pww ksjnv bheuh fqynb lplbykxek jgbczmv ungqs