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  • Understanding the Restaurant Revitalization Fund

    Date and Time

    Wednesday May 5, 2021
    11:00 AM - 12:00 PM EDT

    Understanding the Restaurant Revitali...
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    Description

    The Restaurant Revitalization Fund (RRF) opens up May 3rd to receive applications from select business types based on how your business is licensed.

    Join us on Wednesday, May 5th, to hear from Amy K. Bassett, District Director, and Rachel Roderick, Deputy District Director, both from the NH District Office of the U.S. Small Business Administration, to learn more about the application process and tips to be successful in securing funds.  

    To familiarize yourself with the details on SBA loans regardless of which state your business is located in visit the U.S. SBA website.
     
    You should prepare now!  Go to www.sba.gov/restaurants to help prepare. 
     
    For those of you in NH, contact the Concord SBA office for assistance (Amy Bassett’s team) with questions:
    Hotline:  844.279.8898, www.spa.gov/local-assistance.
    Use www.sba.gov.nh for other resources.
     
    Best practices:

    1. Provide complete documentation; don’t rush, be careful;
    2. Leverage your resources; reach out to your CPA to certify, particularly for those financial records for which you have self-certified.
    3. Additionally, make sure to run your spending plan by your SBDC Advisor to ensure program compliance. 
    Applications:  Go to www.restaurants.sba.gov, or connect through your POS systems, including Square, Toast, Aloha, and possibly others. Check with your POS provider.
     

     

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The Chamber Collaborative of Greater Portsmouth
 500 Market St., Portsmouth, NH 03801
 603. 610.5510
 membership@portsmouthcollaborative.org

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