Rep. Angie Craig will host a webinar today to educate small business owners about the Restaurant Revitalization Fund.
The American Rescue Plan Act, which Craig helped pass in March, established the RRF to provide funding to help restaurants and other eligible businesses keep their doors open, a news release from Craig's office said.
This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business.
Recipients are not required to repay the funding as long as funds are used for eligible purposes no later than March 11, 2024.
Officials from the Minnesota District Office of the United States Small Business Administration will join Craig in the discussion to provide advice and guidance.
The roundtable begins at 6 p.m., and can be streamed live on Rep. Craig's Facebook page.