Understanding the Restaurant Revitalization Fund (RRF) Grant Program
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
businessman and woman meeting in a high-end restaurant
Resources

Understanding the Restaurant Revitalization Fund (RRF) Grant Program

1 month ago · 6 min read

AICPA MEMBER

ACCESS

In May 2021, the Restaurant Revitalization Fund (RRF) launched with $28.6 billion allocated by Congress to provide funding to a sector of the economy especially hard-hit by government-imposed shutdowns and other restrictions related to the COVID-19 pandemic.

The funds supplied fell far short of the demand. While the program’s administrator, the U.S. Small Business Administration, awarded more than 100,000 RRF grants totaling $28.6 billion, the program received nearly 280,000 RRF applications seeking more than $72 billion in funding.

The following

Reserved for AICPA members

Already an AICPA member?

Log in with your AICPA account
 
Forgotten email
Forgotten password

Not an AICPA member?

Discover the benefits of AICPA membership

Related content