News & Analysis as of

Small Business Administration Restaurant Industry

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Lewitt Hackman

Relief for Restaurant, Other Small Business Franchisees

Lewitt Hackman on

On April 7, 2022, the House of Representatives passed bill H.R. 3807, the Relief for Restaurant Franchisees and other Hard Hit Small Businesses Act of 2022, which, if passed by the U. S. Senate, will add $42 billion to the...more

Kohrman Jackson & Krantz LLP

Restaurants Push for More COVID Relief

Two years ago this week, the country began to shut down due to COVID. Now, thousands of restaurant owners, employees and patrons alike are calling on President Biden to assist in getting another round of restaurant relief...more

Lewitt Hackman

More Money for the Depleted Restaurant Revitalization Fund?

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During the first 21 days of the Restaurant Revitalization Fund (RRF) approved by Congress in April 2021 and administered by the Small Business Administration (SBA), priority was given to eligible small businesses with limited...more

Ervin Cohen & Jessup LLP

Attempts to Restore the Restaurant Revitalization Fund Falter

While Congress has expressed bipartisan support for replenishing the depleted Restaurant Revitalization Fund (“RRF”), it has not been able to take action to do so. There are currently two bills pending to replenish the funds,...more

Lewitt Hackman

More on the Restaurant Revitalization Fund

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The Restaurant Revitalization Fund (RRF) was adopted by Congress in April 2021 to provide financial relief for eligible restaurants and related food and beverage service businesses. $28.6 billion of tax-free federal grants...more

Ervin Cohen & Jessup LLP

SBA Shutting Down RRF Portal on July 14

On July 14, 2021, the Small Business Administration (“SBA”) will officially close its Restaurant Revitalization Fund (“RRF”) portal. This move raises questions about whether the RRF funds will be replenished, despite pending...more

Lewitt Hackman

Was the Restaurant Revitalization Fund a Success?

Lewitt Hackman on

The Restaurant Revitalization Fund (RRF) was adopted by Congress in April 2021 to provide financial relief for eligible restaurants and related food and beverage service businesses. Over $28 billion in tax-free federal grants...more

Ervin Cohen & Jessup LLP

Congress Considers Replenishment of Exhausted RRF Funds

The much anticipated Restaurant Revitalization Fund (RRF) was deluged with applicants. According to Restaurant Dive, more than 362,000 applications were received in the first three weeks of the program for a total of $75...more

Tucker Arensberg, P.C.

A Recent Case Highlights Equal Protections In The American Rescue Plan Act

Tucker Arensberg, P.C. on

A case from the United States Court of Appeals for the Sixth Circuit highlights that, even in times of crisis like the COVID-19 pandemic, prioritizing federal grant money based on race and gender will likely violate the equal...more

Lewitt Hackman

Potential Replenishment of the Restaurant Revitalization Fund

Lewitt Hackman on

The Restaurant Revitalization Fund (RRF) was adopted by Congress in April 2021 to provide financial relief for eligible restaurants and related food and beverage service businesses. Originally, $28.6 billion of tax-free...more

Lowenstein Sandler LLP

Paycheck Protection Program Round 2: FAQs For Microbusinesses - June 2021

The Paycheck Protection Program closed on May 28, 2021. The SBA is no longer accepting new applications from participating lenders. The following FAQs are for informational purposes only and to assist borrowers who obtained...more

Bowditch & Dewey

What You Should Know About the Restaurant Revitalization Fund

Bowditch & Dewey on

Established when Joe Biden signed the American Rescue Plan Act of 2021 and administered by the Small Business Association (the SBA), the $28.6 billion Restaurant Revitalization Fund (the Fund) was created to help restaurants,...more

Downs Rachlin Martin PLLC

Restaurant Revitalization Fund Grants for Breweries and Brewpubs

Over the last three weeks, the Small Business Administration (SBA) has posted in its Knowledge Base responses to many questions (i) about the Restaurant Revitalization Fund (RRF) Grant Program (“Program Questions”) and...more

Kilpatrick

Small Business Administration’s $28.6 Billion Restaurant Revitalization Fund

Kilpatrick on

Qualifying restaurants, bars, and related small businesses that serve food or drink are eligible to receive up to $10 million in grant funding under the $28.6 billion Restaurant Revitalization Fund (RRF). The U.S. Small...more

Nutter McClennen & Fish LLP

Reviving Our Restaurants: How the American Rescue Plan Act's Restaurant Revitalization Fund Can Help

After a year of devastating challenges for the restaurant industry, the American Rescue Plan Act of 2021 established the $28.6 billion Restaurant Revitalization Fund (“RRF”), a program operated by the U.S. Small Business...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – May 2021

PilieroMazza PLLC on

GOVERNMENT CONTRACTS - SBA Extends the HUBZone Map Freeze to June 30, 2023 - Today, the Small Business Administration (SBA) issued a direct final rule extending the HUBZone map freeze from December 31, 2021, to June...more

PilieroMazza PLLC

Restaurants are Prime Targets for FLSA Lawsuits: 6 Tips for Employers Relying on the Tip Credit

PilieroMazza PLLC on

The COVID-19 pandemic has been particularly difficult for the food and beverage industry.  With stay-at-home orders, operational capacity restrictions, and indoor dining limitations imposed on restaurants and bars across most...more

Proskauer Rose LLP

A Seat at the Table: Restaurants to Receive Long-Awaited Stimulus Funds under the American Rescue Plan: Affiliation Overview

Proskauer Rose LLP on

[co-author: Perry Laub] The restaurant industry has been among the hardest hit by the COVID-19 pandemic. The National Restaurant Association reported in its 2021 State of the Restaurant Industry that, as of December 1,...more

Smith Debnam Narron Drake Saintsing & Myers,...

Never Fear, The American Rescue Plan Is Here

The Biden administration has hit the ground running with several items on its agenda which impact the employment relationship. On March 12, the American Rescue Plan was passed by Congress and signed into law. This new law...more

Harris Beach PLLC

Applications Open for Restaurant Revitalization Fund through Coronavirus Relief Package

Harris Beach PLLC on

U.S. restaurants are among the businesses hardest hit by the pandemic over the past 14 months. According to the National Restaurant Association, total sales last year came in $240 billion below forecast. An estimated 110,000...more

Lewitt Hackman

Register and Apply ASAP for Restaurant Revitalization Fund Grants

Lewitt Hackman on

The Restaurant Revitalization Fund (RRF) will provide financial relief for eligible restaurants and related food and beverage service businesses with $28.6 billion of tax-free federal grants if their revenue in 2020 was less...more

Troutman Pepper

SBA’s Restaurant Revitalization Fund Begins Taking Applications May 3

Troutman Pepper on

Congress created the Restaurant Revitalization Fund (Fund) as a part of the larger American Rescue Plan Act of 2021 (H.R. 1319) (Act), which President Biden signed into law last month with $28.6 billion allocated to the Fund...more

Downs Rachlin Martin PLLC

Restaurant Revitalization Fund to Open Monday, May 3, 2021

Registration for Application Portal to Begin Friday, April 30, 2021 - The Small Business Administration (SBA) has announced that registration for the SBA application portal for Restaurant Revitalization Fund (RRF) grants...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Releases Program Guide for Restaurant Revitalization Fund Grants

The program guide addresses application requirements and eligibility criteria for prospective grantees as they prepare for the program’s announced May 3 launch. On April 20, 2021, the Small Business Administration (SBA)...more

Rumberger | Kirk

Restaurant Revitalization Grant Offers Relief to Restaurants and Bars: Opens May 3

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It is no secret that the restaurant industry has been one of the harder-hits of the COVID-19 pandemic. With government shutdowns, limits on hours, restricted operations, and social distancing requirements,...more

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