(ATLANTA, Ga.) It’s no secret that the COVID-19 pandemic did damage to the food and dining industry. Many restaurants and food operators were forced to close businesses (permanently and temporarily), reduce their staff or adjust their hours and dining options to maintain a flow of income.
While many businesses have opened and operated under new safety guidelines, there was still making up to do for lost revenue. For some, that meant discontinuing specials and discounts while others stayed open later or opened earlier to serve customers for a longer time.
However, there is good news for restaurant owners in North Fulton and North DeKalb counties. Owners are eligible to apply for relief through the Restaurant Revitalization Fund.
This fund comes from Rep. Lucy McBath's Sixth District in GA. Business owners can register on the U.S. Small Business Administration application portal. The fund was created by the American Rescue Plan that McBath helped pass last month and consists of $28.6 billion to disperse amongst applicants.
“Restaurants in our communities have continued to face challenges throughout this incredibly difficult time, and I’m proud that this Revitalization Fund helps provide more relief to our restaurants and service workers who have been hit hard by this pandemic,” McBath said in a public statement.
“Spending time with family and friends at local restaurants is so vitally important to our vibrant community, and I hope this relief will help all of us share more of those experiences with our neighbors and families.”
Funds will go toward pandemic-related revenue loss and businesses are eligible for up to $10 million. The relief does not have to be repaid but must be put to use by March 11, 2023.
The program is prioritizing small businesses, women-owned businesses, and veteran-operated businesses.
Restaurants, food stands, food trucks, caterers, lounges, taverns and snack and nonalcoholic beverage bars are a few businesses that are eligible to apply for funding.
Bakeries, breweries wineries, distilleries, inns and other businesses that sell or allow tastings of products can apply. However, these businesses must make at least 33% of gross receipts from onsite sales of food and beverages.