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American Rescue Plan relief for restaurants available beginning Monday

Times Leader

U.S. Rep. Matt Cartwright Friday said Northeastern Pennsylvania’s independent restaurants are cornerstones of the community.

“They are where we gather with friends and family and mark special occasions in our lives,” said Cartwright, D-Moosic. “I’m proud that we passed direct relief for them and the people they employ as part of the American Rescue Plan. The comeback of our restaurant and hospitality businesses is an important key to a full recovery.”

Cartwright announced that restaurants in Northeastern Pennsylvania will be able to apply for direct relief through the Restaurant Revitalization Fund beginning Monday, May 3, at 12 p.m. Applicants can register on the U.S. Small Business Administration application portal beginning Friday, April 30 at 9 a.m.

The $28.6 billion Restaurant Revitalization Fund was created by the American Rescue Plan last month. The law incorporated key provisions from the RESTAURANTS Act, which Rep. Cartwright co-sponsored in the previous Congress.

Cartwright said the Restaurant Revitalization Fund will provide restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss up to $10 million per business.

The relief does not have to be repaid, Cartwright said, provided that the funds are put toward eligible uses by March 11, 2023.

The Restaurant Revitalization Fund application portal can be accessed at:

https://restaurants.sba.gov/requests/borrower/login/.