SBA to award remaining Restaurant Revitalization Fund grants after pressure campaign - Phoenix Business Journal

The Small Business Administration will begin distributing about $83 million in unused Restaurant Revitalization Fund grant money to business owners, the agency said Wednesday.

The money will go to about 169 business owners with pending applications, according to the National Restaurant Association, which has pressed the SBA for months to distribute unused RRF money. The grants will be awarded in the order initial applications were received. Business owners in line for the money will start seeing it next week, the group said. The businesses have until March 2023 to spend the money.The decision by the SBA to release the unused money ends a monthlong pressure campaign by outside groups. In July 2022, the Government Accountability Office released a report entitled"Restaurant Revitalization Fund: Opportunities Exist to Improve Oversight" stating that, as of June 2022, $180 million of RRF funds remained unobligated.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

SBA to award remaining Restaurant Revitalization Fund grants after pressure campaign - Jacksonville Business JournalFollowing a months-long pressure campaign by business groups and lawmakers, the SBA plans to award millions in unused Restaurant Revitalization Fund grants. Here's what businesses need to know.
Herkunft: JaxBizJournal - 🏆 599. / 51 Weiterlesen »

SBA taking over veteran small-business contracting certifications from the VA - Dallas Business JournalVeteran-owned small businesses will soon need to go to SBA for certifications. Here's what you need to know.
Herkunft: DallasBizNews - 🏆 525. / 51 Weiterlesen »

SBA taking over veteran small-business contracting certifications from the VA - Jacksonville Business JournalHere's what military veterans need to know about a change involving their certification.
Herkunft: JaxBizJournal - 🏆 599. / 51 Weiterlesen »

Union Square revitalization efforts to begin with zoning push - San Francisco Business TimesThere's a new five-point plan to revitalize San Francisco's main shopping district. Here's what it involves.
Herkunft: SFBusinessTimes - 🏆 78. / 68 Weiterlesen »