Webinar: The Restaurant Revitalization Fund Application – The Latest From the SBA
April 28, 2021
Restaurateurs, make sure you are ready to apply for the Restaurant Revitalization Fund (RRF). Watch the webinar as we discuss the details of this application and what you need to do to prepare to take full advantage of the RRF grant.
During the webinar we cover:
- Eligibility requirements for the RRF
- How to calculate the available grant amount
- Required documentation for applicants
- Expectations for RRF Grant Reporting
- Tommy Lee, Partner-in-Charge, Retail, Franchise & Hospitality Services
- Jessica Hussain, Partner, Retail, Franchise & Hospitality Services
Let Aprio Help
At Aprio, we are continuously monitoring new guidance from the SBA, as well as the Treasury, Congress and the IRS, to ensure we have the latest information when advising our clients and helping them claim much-needed COVID-19 relief funds. For further clarification and questions, contact Aprio’s Revitalization Fund team.
Disclaimer for services provided relative to SBA programs and the CARES Act
Aprio’s goal is to provide the most up-to-date information, along with our insights and current understanding of these programs and regulations to help you navigate your business response to COVID-19.
The rules regarding SBA programs are constantly being refined and clarified by the SBA and other agencies In certain instances, the guidance being provided by the agencies and/or the financial institutions is in direct conflict with other competing guidance, regulations and/or existing laws.
Due to the evolving nature of the situation and the lack of final published rules, Aprio cannot guarantee that additional changes or updates won’t be needed or forthcoming and the original advice given by Aprio may be affected by the evolving nature of the situation.
You need to evaluate and draw your own conclusions and determine your Company’s best approach relative to participation within these programs based on your Company’s specific circumstances, cash flow forecast and business strategy.
In situations where resources are provided by third parties, those services should be covered under a separate agreement directly with that service provider. Aprio is not responsible for the actions of any other third party.
Aprio encourages you to contact your legal counsel to address the legal implications of the impact of the CARES Act and specifically your participation in any of the SBA programs.
About the Author
Tommy is the partner-in-charge of Aprio's Retail, Franchise and Hospitality group. His practice focuses on small and mid-sized retail, franchise and hospitality companies and real estate firms. Tommy has expertise in corporate structuring arrangements, multi-state and international tax planning, and corporate and individual tax mitigation.