Here is a bulleted overview of the Restaurant Revitalization Fund (RRF) program and application info that has the potential to be a very nice opportunity for our struggling business customers in the restaurant industry.  
 
Overview
•    $28.6 billion is available in funding to cover an estimated $270 billion in losses
•    Deadline:  Application portal opens 5/3/21 but businesses should register Friday or over the weekend so there are no hiccups Monday morning.  
•    This money will go very fast - interested businesses should apply on day one, hour one. 
•    Review the draft application and have it filled out and ready to copy over into live application when the portal opens on Monday.  
•    Have all documentation saved together and ready to upload.  
•    Average application time is 10-25 mins if all documentation is prepared and ready to upload ahead of time.
•    For the first 21 days, funds will only be awarded to businesses owned 51% or more by women, people of color, veterans, or socially and economically disadvantaged populations. 
o    Any business can apply starting day one - if you are not a priority category, your goal should be to have your application be one of the first looked at on day 22.  Get your application submitted and timestamped as close to 5/3/21 12pm EST possible.  The program will run until funds dry out - this could be day 30.  
Draft application – highly recommended to review/complete ahead of portal opening 5/3/21