Congressman Neal Announces Restaurant Revitalization Program is NOW OPEN
Springfield BID Director Chris Russell joined Congressman Richard Neal alongside Springfield Regional Chamber President Nancy Creed and Bob Nelson from SBA MA to announce the Restaurant Revitalization Program is now open.
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.