SBA to award remaining Restaurant Revitalization Fund grants after pressure campaign - Jacksonville 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.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Michelin restaurant alum, East Bay winemaker to launch S.F. Mission restaurant - San Francisco Business TimesA tiny new restaurant could become this restaurant-heavy neighborhood's next hidden gem.
Sumber: SFBusinessTimes - 🏆 78. / 68 Baca lebih lajut »

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.
Sumber: JaxBizJournal - 🏆 599. / 51 Baca lebih lajut »

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.
Sumber: DallasBizNews - 🏆 525. / 51 Baca lebih lajut »

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.
Sumber: SFBusinessTimes - 🏆 78. / 68 Baca lebih lajut »