{"id":216,"date":"2021-07-07T10:12:46","date_gmt":"2021-07-07T10:12:46","guid":{"rendered":"https:\/\/www.mysetaside.com\/newsevents\/?p=216"},"modified":"2021-07-07T10:12:48","modified_gmt":"2021-07-07T10:12:48","slug":"upcoming-federal-contracting-classes","status":"publish","type":"post","link":"https:\/\/www.mysetaside.com\/news-and-events\/upcoming-federal-contracting-classes\/","title":{"rendered":"Upcoming Federal Contracting Classes"},"content":{"rendered":"\n
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\nSBA South Carolina Weekly Newsletter <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/a>\n\n\n\n
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\nHaving trouble viewing this email? \nView it as a Web page<\/a>.<\/p>\n

\nSouth Carolina District Office<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n

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\nFeatured Events<\/h1>\n\n\n\n\n
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\nInformation Corner<\/h1>\n\"RRF\"
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\nSBA Administrator Announces Closure of Restaurant Revitalization Fund Program<\/h2>\n

\nOver 100k restaurants were awarded $28.6 billion; Average award was $283K<\/strong><\/em><\/p>\n

\nU.S.\n Small Business Administration<\/a> \nAdministrator Isabel Guzman<\/a> announced the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as part of the American Rescue Plan. The program provided much needed economic aid to restaurants and other establishments\n struggling to make ends meet as a result of the pandemic.<\/p>\n

\n\u201cThe $28.6 billion Restaurant Revitalization Fund provided desperately needed relief to more than 100,000 restaurants and other food and beverage businesses across the nation with significant funding going to our hardest-hit, underserved businesses,\u201d\nsaid SBA Administrator Isabel Guzman<\/strong>. \u201cRestaurants are at the center of our neighborhoods and propel economic activity on Main Streets. As among the first to close in this pandemic and likely the last to reopen, many are still struggling to\n survive. The SBA will continue to work hard to ensure they get the resources they need to recover, rebuild and be resilient.\u201d<\/p>\n

\nAs of June 30, 2021, the RRF program received more than 278,000 submitted eligible applications representing over $72.2 billion in requested funds, and approximately 101,000 applicants have been approved to restaurants, bars and other restaurant-type businesses.\n Underserved populations received approximately $18 billion in grant awards including :<\/p>\n