Registration for the SBA application portal will begin on Friday, April 30, 2021, at 9 am. Applications will open on Monday, May 3, 2021, at noon. There are priority groups that will receive consideration first.
The Restaurant Revitalization Fund (RRF), a grant administered through the Small Business Association (SBA), is designed to support businesses in the restaurant industry that experienced significant revenue loss due to the pandemic. Visit the SBA's website to learn who is eligible, priority groups, how to apply, how the funds can be used, and more:
A new round of the Paycheck Protection Program is now available, closing on May 31, 2021. These funds can be used for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations. Important details for this new round include:
This round offers greater support for sole proprietors, independent contractors, and self-employed individuals to receive funding.
Restrictions have been removed that prevented small business owners with prior non-fraud felony convictions or delinquent federal student loans from obtaining relief.
Non-citizen small business owners who are lawful U.S residents can use their Individual Taxpayer Identification Numbers to receive funding.
Please see these links for more information on this new round of PPP loans:
