The American Rescue Plan Act

Connecting you to the right resources for your business

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

The US Small Business Administration (SBA) is administering the program and will be opening the application process in the near future. 

NCR is supporting this program by providing information on how to apply for a grant through the SBA Portal, including how to access 2020 and 2019 sales data through Aloha Insight or Silver Back Office to help expedite the grant process.

How to pull your own data:

Silver: 
Statements pulled from the Silver Back Office are pre-formatted with the NCR logo. Click HERE for instructions on how to access your data via Silver Back Office. 

Aloha: 
Statements can be pulled from Aloha Insight or via Aloha Manager or Configuration Center. If you would like your statement to be NCR branded, please pull the report(s) and e-mail them to Marketing.Hospitality@ncr.com.  The NCR branded statements will be e-mailed back to you. 

Follow these steps to pull your statement(s) via Aloha Manager or Configuration Center:

  • Go to Reports > Aloha Point of Sale > Reports > Sales > Sales Summary
  • Highlight 1/1/2019 and 12/31/2019
  • Select Print
  • The report will consolidate all days as one total for 2019 revenue
  • Repeat the same process for a report on 2020 revenue by changing the dates to 1/1/2020 and 12/31/2020
 
You will need to apply via the SBA Portal - https://restaurants.sba.gov/

NCR hosted a virtual webinar on April 29, 2021 with the SBA about the Restaurant Revitalization Fund (RRF).
Check out the recording and presentation to learn more about the grant and application process. 

Frequently asked questions

Click HERE for full FAQs

Entities that own a place of business where the public or patrons assemble for the primary purpose of being served food or drink. Click HERE for more detail.

The SBA might create a minimum grant amount of $1,000 for eligible entities. The maximum grant amount is $5M per location and $10M total for the eligible entity.

Yes. However, the RRFG will be reduced by the total amount of PPP Loans.

An application form and the IRS Form 4506-T, as well as gross receipts documentation.

  • Applicants in operation before January 1, 2019 must supply gross receipts for 2019 and 2020; 
  • Applicants in operation through part of 2019 must supply gross receipts for 2019 and 2020; 
  • Applicants that began operations on or between January 1, 2020 and March 10, 2021 and applicants that have not yet opened as of March 11, 2021, but have incurred eligible expenses, must supply documentation of gross receipts and eligible expenses for the length of time in operation

Any business-related interest payments on a mortgage or other debt obligation (excluding any prepayment or principal obligation) that was incurred before February 15, 2020.

Entities that can certify that they meet the definition of a woman-owned small business, veteran-owned small business, or socially and economically disadvantaged small business will be given priority for award if their application is filed with SBA within the first 21 days the application is open for submissions. Additional access may be defined in segments according to an entity’s annual gross receipts in 2019.

Click HERE to view how the SBA defines women-owned, veteran-owned, and socially and economically disadvantaged small businesses.

It is anticipated that SBA will deposit the funds directly to the bank account identified in the application.

The SBA might require disclosure of all owners with a combined equity of greater than 20%.

An entity can receive a tax-free federal grant equal to the amount of its pandemic-related revenue loss, subtracted by the total amount it received in all PPP loans. 

  • For entities opened before 2019: [Gross receipts of 2019] – [Gross receipts of 2020] – [ Total amount received in PPP loans (1st and 2nd Draw)] = Restaurant Revitalization Fund Grant 
  • For entities opened during 2019: [Average monthly gross receipts of 2019 multiplied by 12] – [Average monthly gross receipts of 2020 multiplied by 12] – [Total amount received in PPP loans (1st and 2nd Draw)] = Restaurant Revitalization Fund Grant 
  • For entities opened during 2020-2021: [Eligible expenses] – [Gross receipts received] – [Total amount received in PPP loans (1st and 2nd Draw)] = Restaurant Revitalization Fund Grant Aggregate grants made to an eligible entity, and any affiliated businesses of the eligible entity, are limited to $5M per physical location and $10M total for the eligible entity

Gross receipts mean all revenue in whatever form received or accrued from whatever source, including from the sales of products or services, interest, dividends, rents, royalties, fees, or commissions, reduced by returns and allowances. 

Generally, receipts are considered “total income” (or in the case of a sole proprietorship “gross income”) plus “cost of goods sold” as these terms are defined and reported on IRS tax return forms— this includes Form 1120 for corporations; Form 1120-S for S corporations; Form 1120, Form 1065 or Form 1040 for LLCs; Form 1065 for partnerships; Form 1040, Schedule C for other sole proprietorships. 

Receipts do not include net capital gains or losses; taxes collected for and remitted to a taxing authority if included in gross or total income, such as sales or other taxes collected from customers and excluding taxes levied on the concern or its employees; proceeds from transactions between a concern and its domestic or foreign affiliates; and amounts collected for another by a travel agent, real estate agent, advertising agent, conference management service provider, freight forwarder or customs broker. 

Subcontractor costs, reimbursements for purchases a contractor makes at a customer’s request, investment income, and employee-based costs such as payroll taxes are not excluded from receipts

  • Payroll
  • Payments of principal or interest on any mortgage obligation (excludes Prepayment of principal on a mortgage obligation)
  • Rent (excludes prepayment of rent)
  • Utilities
  • Maintenance expenses such as construction to accommodate outdoor seating AND walls, floors, deck surfaces, furniture, fixtures, and equipment
  • Supplies such as protective equipment and cleaning materials
  • Food and beverage expenses that are within the scope of the normal business practice of the eligible entity before the covered period 
  • Covered supplier costs
  • Operational expenses 
  • Paid sick leave
  • Any other expenses that the SBA determines to be essential.

An eligible entity can use grant funds for eligible expenses incurred from February 15, 2020 until December 31, 2021. The SBA may extend this covered period an additional 14 months, until March 11, 2023, and has the authority to extend it up to 2 years after enactment of the RRFG program.

The National Restaurant Association is actively seeking clarity on this in federal regulations.

Grants will not be included as federal taxable gross income by the IRS.

Yes, the law states that “no deduction shall be denied, no tax attribute shall be reduced, and no basis increase shall be denied, by reason of the exclusion from gross income.”