VIDEO: Underwood Hosts Virtual Workshop to Encourage Illinois Restaurants to Apply for the Restaurant Revitalization Fund; Highlights Impact of Pandemic on Crystal Lake Small Business
WEST CHICAGO–This week, U.S. Congresswoman Lauren Underwood (IL-14) hosted a virtual workshop to encourage northern Illinois restaurant owners to apply for direct relief through the Restaurant Revitalization Fund. During the event, Underwood was joined by Small Business Administration Illinois District Director Bo Steiner, who explained the program and provided details on the steps restaurant owners must take to apply. In the American Rescue Plan, Underwood championed $28.6 billion for the Restaurant Revitalization Fund to help restaurant owners in Illinois. As a part of Underwood’s American Rescue Plan tour, in March, Underwood hosted a roundtable discussion with the owners of Duke’s Ale House, Preservation Bread and Wine, Café Olympic, and Patelli’s Gyros and Beef to hear first-hand how the pandemic has impacted their businesses.
To highlight how the American Rescue Plan and the Restaurant Revitalization Fund will help Illinois restaurants, Underwood released a new video featuring the story of Rachel Skubiszewski, owner of Café Olympic in Crystal Lake. The video can be found here.
“Local restaurants are the heart of our community in northern Illinois, but like many small businesses, they have faced serious hurdles because of the coronavirus pandemic,” said Underwood. “I fought to include the Restaurant Revitalization Fund in the American Rescue plan to deliver urgently-needed resources to restaurant owners and am pleased to see this critical program now available to our community. The comeback of our restaurant and hospitality businesses is an important key to a full recovery. I encourage eligible businesses to apply today.”
A video of Underwood’s virtual workshop on the Restaurant Revitalization Fund can be found here.
The Restaurant Revitalization Fund will provide restaurants and other eligible businesses with funding equal to their pandemic-related revenue loss up to $10 million per business. The relief does not have to be repaid, provided that the funds are put toward eligible uses by March 11, 2023.
- Find a funding guide HERE and a sample application HERE.
- Visit SBA.gov/restaurants for more information.