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The Biden administration opened a new relief fund for restaurants. 186,200 applied in 2 days.

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A $28.6 billion restaurant aid program received 186,200 applications in its first two days, according to the White House

Bars, restaurants, and other eligible businesses could start applying for the Restaurant Revitalization Fund (RRF) on May 3. The initiative is part of President Joe Biden’s $1.9 trillion American Rescue Plan, and provides grants of up to $10 million for businesses that lost revenue in 2020.

More than $9 billion of the program’s funds were set aside for businesses that made under $500,000 in 2019; those businesses represent 61,700 of applicants so far.

For its first details ⇒

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