Save Restaurants with the Restaurant Revitalization Fund Replenishment Act

Save Restaurants with the Restaurant Revitalization Fund Replenishment Act

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Restaurant Innovation started this petition to Restauranteurs and

Restaurants are an endangered species.

It is no secret that the Restaurant & Hospitality Industry took a beating over the past year and a half. Restaurants can finally come up for air this year as restrictions are lifted, and Congress has provided aid via several bills and grants.  

On March 11, 2021 President Biden signed the American Rescue Plan Act of 2021. The American Rescue Plan Act authorized and provided $28.6B to the Restaurant Revitalization Fund (RRF), which provided tax-free grants to help restaurants and other eligible businesses keep their doors open. 

The SBA received over 370,000 applications from desperate restaurant owners across the United States, totaling over $75B, leaving a shortfall of close to $50B. The program only provided critical funding to over 105,000 restaurants representing the $28.6 billion dollars allocated. It is estimated that there are over $1M bars and restaurants in the United States.

In a surprising statement sent out to hundreds of thousands of applicants On Jul 1, 2021, The U.S. Small Business Administration (SBA) announced the closure of the Restaurant Revitalization Fund.

Due to overwhelming demand, the SBA was unable to fund all qualified applications with the original appropriation provided in the American Rescue Plan Act. Those applicants who have not received funding as of July 1, 2021 will have their applications held within the application platform to allow for processing in the order received if additional funds are provided by Congress.

Please support the entire Restaurant Industry by signing this petition to urge every Congressional District Member to pass the Restaurant Revitalization Fund Replenishment Act of 2021, which will provide an additional $60 Billion in funding to this essential program. We will send letters and contact the primary sponsors - U.S. Representatives Earl Blumenauer (D-OR) and Brian Fitzpatrick (R-PA), along with U.S. Senators Kyrsten Sinema (D-AZ) and Roger Wicker (R-MS).

For those Restaurants and Businesses that have made it this far, let's come together for one final push. 

0 have signed. Let’s get to 1,000!
At 1,000 signatures, this petition is more likely to be featured in recommendations!