It's official! You can finally register for the latest Restaurant Relief Fund!
Though this is amazing news for any restaurant that took a financial hit during the pandemic, we know the application process can be tricky. That's why we recently joined with financial advisory firm Asset Enhancement Solutions, LLC, and accounting firm Gettry Marcus, to hold an informational webinar geared toward demystifying the Restaurant Relief Fund and other programs available to the foodservice industry.
The webinar, which took place on May 5, delivered everything restaurants need to know about the new $28 billion fund to help restaurants and other food and beverage establishments. If you missed the webinar or just want to review the information that was served up, we're happy to provide a download for the slideshow presentation!
What’s most important to remember about the fund, is that it’s not a loan, it’s a grant. This means the program can provide restaurants, bars, bakeries, and more with funds equal to their pandemic-related revenue losses.
In addition to the RRF, the webinar covered these other government programs:
- PPP (Paycheck Protection Program)
- EIDL (Economic Injury Disaster Loan)
- Employee Retention Tax Credit (ERTC)
Barry Garfield and Stephen Schwartz, Senior Consultants at Asset Enhancement Solutions, LLC, joined to explain the RRF, the PPP, and the EIDL, while Andrew Moore, Senior Tax Manager and Gabe Shurek, Partner of Gettry Marcus CPA, P.C. covered the ERTC in this informative session.
RRF grant money may go quickly—don’t wait!