Applications Open For Restaurant Revitalization Grants

Press release from the Village of Mokena:

Applications from eligible restaurants, bars, and other qualifying businesses impacted by COVID-19 are now being accepted by the U.S. Small Business Administration (SBA) for grants from its Restaurant Revitalization Fund (RRF).

The American Rescue Plan Act established the RRF to provide funding to help restaurants and other eligible businesses keep their doors open. The program provides restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

For more information, including guidance on how to apply, click here.

This press release was produced by the Village of Mokena. The views expressed are the author's own.