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Kwickpos Partners with U.S. Small Business Administration to Provide Restaurants Access to $28.6B Restaurant Revitalization Fund

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In a major boost for the struggling restaurant industry, Kwickpos, a leading provider of point-of-sale (POS) systems, has announced a partnership with the U.S. Small Business Administration (SBA) to provide restaurants with access to the $28.6 billion Restaurant Revitalization Fund (RRF).

What is the Restaurant Revitalization Fund?

The RRF is a federal grant program established by the American Rescue Plan Act of 2021 to provide financial assistance to restaurants, bars, and other food and beverage establishments that have been impacted by the COVID-19 pandemic. Eligible businesses can receive grants of up to $10 million to cover eligible expenses, including:

How to Apply for the RRF

Applications for the RRF will open on May 3, 2021, and will be processed on a first-come, first-served basis. To apply, businesses must:

Kwickpos's Partnership with the SBA

Kwickpos has partnered with the SBA to provide restaurants with a seamless and efficient way to apply for the RRF. Through Kwickpos's online platform, restaurants can:

Benefits of Using Kwickpos

By using Kwickpos to apply for the RRF, restaurants can benefit from:

Conclusion

The Restaurant Revitalization Fund is a lifeline for restaurants that have been struggling during the COVID-19 pandemic. Kwickpos's partnership with the SBA makes it easier than ever for restaurants to access this critical funding. By using Kwickpos's online platform, restaurants can increase their chances of receiving a grant and getting back on their feet.