Congresswoman Sara Jacobs Announces Opening of Restaurant Revitalization Fund Application
Created by the American Rescue Plan, the Restaurant Revitalization Fund will provide CA-53 businesses with funding to offset COVID-19 pandemic losses
San Diego, California, May 3, 2021 | Karla Alvarado (202-821-2240)
Today, Congresswoman Sara Jacobs announced the opening of the Restaurant Revitalization Fund application. Businesses in California’s 53rd Congressional District will now be able to apply directly for funding to offset pandemic-related loss of revenue. With funding from the American Rescue Plan, which Congresswoman Jacobs championed, applicants can now register on the U.S. Small Business Administration application portal for financial support.
“Small businesses in the 53rd District are the backbone of our community and our economy, and they need and deserve more help to make it through this pandemic,” said Congresswoman Sara Jacobs. “I was proud to fight to make sure small business owners, including the thousands of restaurant owners in my district, received direct support from the American Rescue Plan, and I’m excited today to announce the opening of the Restaurant Revitalization Fund, which will help keep businesses open, workers on payroll, and our economy back on track.”
The Restaurant Revitalization Fund will provide restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss up to $10 million per business. The relief does not have to be repaid, provided that the funds are put toward eligible uses by March 11, 2023. Interested parties can visit SBA.gov/restaurants for more information.
Entities eligible to apply include: