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Use of Funds Validation is now available for Restaurant Revitalization Fund awardees. Including $85 million for certain border region businesses, such as those in (herewith a geography lesson) the Northwest Angle, which CQ Roll Call explains is a region of Minnesota that is separated from the rest of the state by the Lake of the Woods but shares land borders with Canada, whose strict pandemic protocols injured Americans living in the Angle. H.R.3807 - Restaurant Revitalization Fund Replenishment Act of 2021 117th Congress (2021-2022) Bill Hide Overview More on This Bill Constitutional Authority Statement CBO Cost Estimates [0] Subject Policy Area: Commerce View subjects Give Feedback on This Bill Contact Your Member Summary (2) Text (3) Actions (17) Titles (3) Amendments (1) By December 31, 2021, all Awardees are required to report through this application portal how much of their award has been used against each eligible use category. And by the third quarter of 2021, Britschgi writes, the number of restaurants had surpassed pre-pandemic levels.. Senha. We noted in our report, however, that SBA's post-award review procedures for RRF state that flagged awards will be reviewed when the recipients certify that they have spent their entire award or after they submit their final use-of-funds report (not when fraud is initially suspected). Forty-three Senate Republicans, objecting to the fact that only a smidgen of the Senate bills cost would be offset by economies elsewhere, on May 19 prevented there being 60 votes to proceed with it. Painel do Inscrito. Number of Restaurant Revitalization Fund Applications by Eligibility and Funding Status. But, then, weapons systems have been purchased because suppliers of components were spread across the country like tapenade on toast. Are there any reporting requirements for RRF grant recipients? SBA agreed or partially agreed with two recommendations. Restaurant Industry News and Resources in Georgia. The age of the Silicon Valley moonshot is over. Reps. Brian Fitzpatrick (R, PA) and Earl Blumenauer (D, OR), and Sens. The SBA closed the program and stopped accepting applications on July 2nd, 2021. This deadline had many restaurants wondering who is eligible, when to expect additional RRF updates to the legislation, if any additional RRF forgiveness has been granted, and which anti-fraud mechanisms were put in place to determine which claims are legitimate. Brands like Chipotle, McDonalds and Starbucksarewalking a tightrope charge enough to protect the bottom line without alienating customers. The President has encouraged most people to stop wearing masks in indoor spaces, something that was unthinkable a year ago. In January 2023, SBA stated that recipients have until March 2023 to exhaust RRF funds. In the initial shutdowns, more than eight million industry employees were laid off or furloughed. Restaurant Revitalization Fund Distributes $83M in Remaining Funds November 28, 2022 On Nov. 23, the U.S. Small Business Administration (SBA) released a statement about the current state of the Restaurant Revitalization Fund (RFF), which helped more than 100,000 restaurants and food and beverage business owners during the pandemic. Rebecca Shabad is a politics reporter for NBC News based in Washington. Congress is voting on a $42 billion Restaurant Revitalization Fund The House already has passed H.R. IE 11 is not supported. Keep reading to learn more about RRF grant updates, eligibility, RRF forgiveness, and more. 3807, the Restaurant Revitalization Fund Replenishment Act of 2021. The National Restaurant Association is asking Congress to replenish the Restaurant Revitalization Fund as the Covid omicron variant hits operators' businesses.