Latest News from the National Restaurant Association
- Last updated 08.26.2021 -
RRF Replenishment Act
August 26, 2021
Tell Congress to Replenish the RRF!
The Restaurant Revitalization Fund (RRF) has been an incredibly effective recovery tool for the restaurant industry, but for too many owners, the $28.6 billion in funding won’t last long enough for them receive a dollar in disaster funding. The SBA estimates that they need at least an additional $50 billion just to fund the applications submitted before the application portal was closed.
Follow the link below to learn more about the RRF Replenishment Act and to send an email to your officials.
Restaurant Revitalization Fund
March 11, 2021
The American Rescue Plan Act establishes a $28.6 billion “Restaurant Revitalization Fund” (RRF) within the U.S. Small Business Administration (SBA).
Raise the Wage Act
February 11, 2021
The National Restaurant Association opposes the Raise the Wage Act of 2021 because it would hurt small and independent businesses, lead to dramatic job cuts, trigger higher consumer costs, hit an industry still reeling from COVID-19, and end tipping preferred by consumers and servers.
Paycheck Protection Program
December 21, 2020
Eligible restaurants and small businesses can access $284.5 billion in new PPP loans, which can be fully forgiven if proceeds are used for allowable expenses during a selected 8-week or 24-week period that begins after the proceeds are received.