|Event Date||Wed Mar 24 EDT (over 1 year ago)|
After a year of uncertainty and economic disruption, the restaurant industry has won federal relief. On March 11 President Biden signed the American Rescue Plan into law which includes a $28.6 billion Restaurant Revitalization Fund (RRF) to assist struggling restaurants during the pandemic. The RRF impacts restaurant owners with 20 or fewer locations and will be administered by the Small Business Administration.
Topics for discussion:
• Who is eligible for RRF?
• How can the fund be used?
• Next steps and important considerations for restaurant owners
Partner, CPA, Team Leader, Food and Beverage/Restaurants and Bars
Jeremias Ramos, CPA