ARTICLE | April 26, 2021 | Authored by RSM US LLP
Today (April 27, 2021), the Small Business Administration (SBA) announced the Restaurant Relief Fund will be open for registration starting on Friday, April 30, 2021 at 9 am EDT. Applicants can register and then apply starting on Monday, May 3, 2021 at 12 pm EDT. All eligible applicants are encouraged to submit applications as soon as the portal opens, even if the applicant is not a member of a priority group.
The SBA has provided a variety of guidance for potential applicants including a sample application, a knowledge base and a program guide. Potential applications should continue to visit sba.gov/restaurants for the latest guidance.
Documents an applicant should have ready for registration and application include:
The SBA is launching this program with only minimal notice of opening. Applicants should gather this information as soon as possible to be ready for opening day.
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This article was written by Ryan Corcoran, Tracy Burr, Mathew Talcoff and originally appeared on 2021-04-26.
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https://rsmus.com/insights/tax-alerts/2021/sba-announces-opening-date-for-restaurant-program-april-30-2021.html
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