If you’re a current subscriber, log in below. If you would like to subscribe, please click the subscribe tab above.
Username and Password Help
Direct relief through the Restaurant Revitalization Fund became available for South Texas eateries beginning Monday, May 3.
The $28.6 billion Restaurant Revitalization Fund was created by the American Rescue Plan that US Representative Congressman Henry Cuellar helped pass last month.
Applicants were able to register on the US Small Business Administration application portal beginning Friday, April 30.
“South Texas’ independent restaurants are cornerstones of our community, where we gather with friends and family and mark special occasions in our lives,” Rep. Cuellar said. “I’m proud that we passed direct relief for them and the people they employ as part of the American Rescue Plan. The comeback of our restaurant and hospitality businesses is an important key to a full recovery.”
The Restaurant Revitalization Fund will provide restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss up to $10 million per business. The relief does not have to be repaid, provided that the funds are put toward eligible uses by March 11, 2023.
The Restaurant Revitalization Fund application portal can be accessed at https://restaurants.sba.gov/requests/borrower/login/.
Entities eligible to apply include restaurants, food stands, food trucks, food carts, caterers, bars, saloons, lounges, taverns, snack and nonalcoholic beverage bars, bakeries (onsite sales to the public comprise at least 33% of gross receipts), brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts), breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts), wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts), inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts) and licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products.