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The original item was published from 4/28/2021 12:21:09 PM to 6/1/2021 12:00:03 AM.
Posted on: April 28, 2021
[ARCHIVED] Update and Resources for Businesses
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open.
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.
Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.Further information about the Restaurant Revitalization Fund can be found at www.sba.gov/restaurants
Please feel free to contact Senator Betty Jean Alexander's office at (517)373-0994 if we may be of assistance.
Deputy Chief of Staff
Michigan State Senator Betty Jean Alexander