SBA

SBA: 16,000 Restaurant Revitalization Fund Awards Funded

First wave of approved restaurant applicants to receive vital American Rescue Plan funding just one week after the SBA opened for applications Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved…

SBA: Initial Results of Restaurant Revitialization Fund Announced

The SBA receives 186K applications; More than half of applications are from priority underserved business communities 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…

SBA: Shuttered Venue Operators Grants Reopened for Applications on April 24th at 12:30 p.m. EDT

Applicants can register today; updated documents now available The U.S. Small Business Administration will reopen the Shuttered Venue Operators Grant application portal tomorrow, April 24, 2021, at 12:30 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for…

SBA: Supplemental Targeted Advance Launched for Small Businesses Hardest Hit by COVID-19

The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The…

SBA: First-of-its-Kind Technology Initiative for Restaurant Revitalization Fund Announced

Point-of-sale service providers will support eligible restaurant owners with innovative technology solutions The U.S. Small Business Administration announced today the first round of technology partners participating in a new initiative for the Restaurant Revitalization Fund (RRF) – a program that will allow eligible restaurants and other food establishments to access the RRF application or data they need…

SBA: Official Restaurant Revitalization Fund Application and Guidelines Announced

Economic relief prioritized for underserved communities SBA Administrator Isabella Casillas Guzman today announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RRF). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused by the COVID-19 pandemic. To help bring jobs back and revive the industry, the American Rescue Plan, signed into law by President Joe Biden, established the $28.6…

SBA: Shuttered Venue Operators Grant Applications Opened on April 8th

Help is here with $16.2 billion for venues, theatres, and more The U.S. Small Business Administration will officially open the Shuttered Venue Operators Grant (SVOG) application portaltomorrow, April 8, 2021 at 12 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and…

SBA: Deadline for Veterans Business Outreach Center Funding Opportunity Extended

The U.S. Small Business Administration announced today that private organizations, colleges and universities, private sector firms, nonprofit organizations, and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada have an extended deadline to apply for funding no later than 11:59 p.m. EDT on Sunday, April 25, 2021.  This grant opportunity assists with training and counseling to aspiring and existing…

SBA: Lending Limit for COVID-19 Economic Injury Disaster Loans Increased

 The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000…

SBA: Veterans Business Outreach Center Funding Opportunity Announced

Private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada are eligible to apply for funding from the U.S. Small Business Administration to provide training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC)….