Restaurant Revitalization Fund | New York City | Pace University SBDC

The RRF application closed on May 24th, 2021.

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. 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 applicant and any affiliated businesses. Recipients were not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.


Due to overwhelming demand, the SBA was unable to fund all qualified applications with the original appropriation provided in the American Rescue Plan Act. Those applicants who have not received funding will have their applications held within the application platform to allow for processing in the order received if additional funds are provided by Congress. Applicants can check their status, address payment corrections, or ask questions via Restaurant Revitalization Fund application platform, however the SBA will disable access to the platform on July 14, 2021.