Thanks to the American Rescue Plan Act, restaurants may be able to receive a tax–free federal grant to make up for pandemic–related losses.
The Restaurant Revitalization Fund is calculated by subtracting a restaurants 2020 gross receipts from its 2019 receipts.
The total grant amount for an eligible business is capped at $10 million dollars.
The application period has not yet opened.
Once the application is open, you can apply at the link below.