US Small Business Administration announces official Restaurant Revitalization Fund application and guidelines.

US Small Business Administration (SBA) announced key details on application requirements, eligibility and a programme guide for the Restaurant Revitalization Fund (RRF). The industry was very hard hit by the Covid-19 situation and in support, US President Biden signed into law the American Rescue Plan, where $28.6B are dedicated to RRF. The SBA will administer the funds to the hardest-hit small restaurants.