South Lake Tahoe-To help bring jobs back and revive the industry, the American Rescue Plan, signed into law by President Joe Biden, established the $28.6 billion Restaurant Revitalization Fund at the U.S. Small Business Administration (SBA). The restaurant industry has been among the hardest-hit sectors during the economic downturn caused by the COVID-19 pandemic. To assist these restaurants, the SBA will administer the funds to the hardest-hit small restaurants.
Details on application requirements, eligibility, and a program guide are now available in English at www.sba.gov/restaurants or in Spanish at www.sba.gov/restaurantes.