{"id":7197,"date":"2021-05-08T05:26:11","date_gmt":"2021-05-08T15:26:11","guid":{"rendered":"http:\/\/thefilipinochronicle.com\/backup\/?p=7197"},"modified":"2021-05-08T05:26:16","modified_gmt":"2021-05-08T15:26:16","slug":"28-6-billion-federal-grant-to-support-covid-hit-food-industry-is-now-accepting-applications","status":"publish","type":"post","link":"http:\/\/thefilipinochronicle.com\/backup\/2021\/05\/08\/28-6-billion-federal-grant-to-support-covid-hit-food-industry-is-now-accepting-applications\/","title":{"rendered":"$28.6 Billion Federal Grant to Support COVID-Hit Food Industry Is Now Accepting Applications"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"7180\" data-permalink=\"http:\/\/thefilipinochronicle.com\/backup\/restaurant-fund-top1\/\" data-orig-file=\"https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=860%2C491\" data-orig-size=\"860,491\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Restaurant-fund-top1\" data-image-description=\"\" data-medium-file=\"https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=300%2C171\" data-large-file=\"https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=640%2C365\" width=\"640\" height=\"365\" src=\"https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=640%2C365\" alt=\"\" class=\"wp-image-7180\" srcset=\"https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?w=860 860w, https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=300%2C171 300w, https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=768%2C438 768w\" sizes=\"(max-width: 640px) 100vw, 640px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p>The Small Business Administration has announced they are now accepting applications for the $28.6 billion grant program to help restaurants, bars, food truck and even caterers who are impacted by the COVID-19 pandemic.<br><br>Called the Restaurant Revitalization Fund, the multibillion grant program was created through the pandemic relief legislation signed into law in March.<br><br>Among eligible grant recipients include restaurants, food stands or trucks, bars or lounges, caterers or similar businesses where the primary purpose is serving food or drinks.<br><br>$5 billion of the program is set aside for the smallest businesses with 2019 gross receipts of $500,000 or less. The grant will be equalt to the business\u2019s pandemic-related revenue loss, limited to $5 million per physical location and $10 million total for the applying business entity.<br><br>In order for the applicant to be eligible, on-site sales to the public must have comprised of at least 33% of the entity\u2019s gross receipts in 2019.<br><br>For more information on the Restaurant Revitalization Fund, visit <a href=\"https:\/\/www.sba.gov\/funding-programs\/loans\/covid-19-relief-options\/restaurant-revitalization-fund\">https:\/\/www.sba.gov\/funding-programs\/loans\/covid-19-relief-options\/restaurant-revitalization-fund<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Small Business Administration has announced they are now accepting applications for the $28.6 billion&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","_links_to":"","_links_to_target":""},"categories":[12,5],"tags":[],"featured_image_urls":{"full":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=860%2C491",860,491,false],"thumbnail":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=150%2C150",150,150,true],"medium":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=300%2C171",300,171,true],"medium_large":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=640%2C365",640,365,true],"large":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=640%2C365",640,365,true],"1536x1536":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=860%2C491",860,491,true],"2048x2048":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=860%2C491",860,491,true],"ultp_layout_landscape_large":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=860%2C491",860,491,true],"ultp_layout_landscape":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=860%2C491",860,491,true],"ultp_layout_portrait":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=600%2C491",600,491,true],"ultp_layout_square":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=600%2C491",600,491,true],"covernews-slider-full":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=860%2C491",860,491,true],"covernews-slider-center":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=800%2C491",800,491,true],"covernews-featured":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?fit=860%2C491",860,491,true],"covernews-medium":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=540%2C285",540,285,true],"covernews-medium-square":["https:\/\/i2.wp.com\/thefilipinochronicle.com\/backup\/wp-content\/uploads\/2021\/05\/Restaurant-fund-top1.jpeg?resize=375%2C250",375,250,true]},"author_info":{"info":["admin"]},"category_info":"<a 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