As of 12/31/22, the City of Philadelphia did not renew the temporary sidewalk cafe license that allowed the restaurants during the pandemic to expand their activity outside in the street or parking spaces. We have been getting consultations on what it is potential the next step if I still want to serve my customers outside.
In the original Restaurant Revitalization Fund (RRF), there were $28 billions available and the program run out of funds pretty quickly. Applicants within the priority group received approximately $18 billion in grants; including $7.5 billion for women-owned businesses, $1 billion for veteran-owned businesses, $6.7 billion for social and economically disadvantaged-owned businesses and $2.8 billion for
Established under the American Rescue Plan, and signed into law by President Joe Biden on March 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program
Last week, the SBA made a press release of the SBA Restaurant Revitalization Fund which will be available to restaurants and similar businesses - https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund As of right now, the sample application is 16 pages long and it requires a high level detail on several areas. From the information available so far, the funds will be provided as a
Tonight there was a SBA press release about the Restaurant Revitalization Fund program. SBA Administrator Isabella Casillas Guzman on 4/17/2021 announced key details on application requirements, eligibility, and a program guide for the Restaurant Revitalization Fund (RFF). Under this announcement, details on application requirements, eligibility, and a program guide are now available in English at
Today, in the issue number IR-2021-79, the IRS has communicated that increases the deductibility of meal expenses from 50% to 100% for years 2021 and 2022 to promote the restaurant industry, which has been especially impacted during the pandemic. Beginning Jan. 1, 2021, through Dec. 31, 2022, businesses can claim 100% of their food or
The U.S. Small Business Administration (SBA) is targeting early April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund (RRF), a senior SBA official testified during a Senate Small Business Committee hearing. The American Rescue Plan Act, P.L. 117-2, created the RRF to provide restaurants with grants equal to their pandemic-related revenue
The Use and Occupancy tax for restaurants will be based on the occupancy allowed by Philadelphia Department of Public Health. This is in line with the previous post published on our site to pay the proportionate taxes and how to request a refund. Emergency Use & Occupancy Tax Regulation: Yesterday, February 18, the Department
In the press release on Tuesday February 9, 2021, the City allowed a 50% indoor seating capacity (current 25%) if the restaurant met certain HVAC requirements. HVAC system is fully operational and ventilates the entire indoor dining area. At least 20 percent outside is air circulated by HVAC system. Filtration MERV 11 or higher. At
Information from the article (link below). The application information will be available by Feb 1, 2021 at https://www.njrha.org/ New Jersey restaurants can apply for grants between $2,500-$5,000, thanks to a grant program funded by DoorDash and administered by the New Jersey Restaurant & Hospitality Association. DoorDash announced Monday it is donating $500,000 to the NJRHA to
