Restaurant Revitalization Fund Update
Registration for the RRF is now open at Applicants who are working with Square or Toast do not need to register.

Eligible entities are encouraged to complete the registration before Monday May 3, Do gather all the required documentations, review/fill in the sample application to ensure a smooth and efficient application process.

Review the sample application, program guide and cross-program eligibility chart on SBA COVID-19 relief options. 

SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted. 

SBA set up a call center hotline 1-844-279-8898 in multiple languages to assist any questions you might have, from 8 am EDT to 8 pm EDT, Monday to Friday. You may also contact your local SBA district office

The SBA will prioritize applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals for the first 21 days the program is open. However, the SBA encourages all eligible applicants to register and submit applications as soon as the portal opens, even if not included in any of the prioritized groups. The funds are likely to be expended quickly and applications will be funded on a first-come, first-served basis.

As always, we will keep you informed on all the important updates to the latest legislations SBA and the Treasury continue to release new rules and guidance. Please don't hesitate to contact one of us or reach out to our COVID-19 team at should you have any questions. Take care and stay safe.

Our 2020-2021 tax planning guide:

This newsletter is based on interpretation of the ARPA released on March 11, 2021. Your judgement and interpretations of the Act may be necessary. This alert is provided for information purposes only and does not constitute accounting and tax advice. Please contact your MGGGY LLP accountant for additional assistance

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