Small Business Administration Providing Grants to Food/Beverage Businesses
The national Small Business Administration is providing grants to food/beverage-focused businesses based on their losses between 2019 and 2020. Priority is being given the first 21 days to owners belonging to underserved populations (women, veterans, socially/economically disadvantaged). Restaurants, bars, food trucks, caterers, and more are eligible.
The great news here is this is a grant, not a loan. No need for repayment as long as the funds are used as intended.
Here’s a link to get you to the SBA website which is where you’ll go to register and later apply:
https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund
Here is a SAMPLE application. This is not the final application, but please read through to know what documents to gather in order to apply:
https://www.sba.gov/document/sba-form-3172-restaurant-revitalization-funding-application-sample
IMPORTANT – THIS IS A FIRST COME FIRST SERVED PROGRAM – SO APPLY AS SOON AS YOU ARE ABLE
- Registration with the SBA opens this Friday, April 30
- Application to SBA for this program opens Monday, May 3
If you have questions or want assistance applying, please contact our local Business Helpline (563) 588-3350 between 8:30 a.m. – 4 p.m., Monday through Friday, or email at sbhelpline@nicc.edu
Cheers to our success in Dubuque!