Toast Announces Partnership with U.S. Small Business Administration to Provide Restaurants with Access to $28.6B Restaurant Revitalization Fund
BOSTON–(BUSINESS WIRE)–Toast, the fastest-growing restaurant management platform, today announced a partnership with the U.S. Small Business Administration (SBA) to help provide customers with access to funds made available through the $28.6 billion Restaurant Revitalization Fund (RRF). This partnership with the SBA is expected to benefit Toast customers with a simplified application process for RRF grant applications by May 2021.
The restaurant industry has been among the hardest-hit industries during the COVID-19 pandemic. To support the industry and small restaurants, the American Rescue Plan Act established a $28.6 billion Restaurant Revitalization Fund through the SBA.
“Toast is proud to be part of the Restaurant…