Restaurant Revitalization
Fund Program Post Award Report
Reinstatement without change of a previously approved
collection
No
Regular
07/20/2022
Requested
Previously Approved
36 Months From Approved
101,104
0
65,653
0
1,844,541
0
SBA received funds under the American
Rescue Plan Act of 2021 (ARP Act), Pub. L. 117-2, title V, sec.
5003 (March 11, 2021), to provide direct funds to Eating and
Drinking establishments that meet certain conditions. Specifically,
Section 5003 of the ARP Act establishes the Restaurant
Revitalization Fund (RRF) program to provide direct funds of up to
$10 million dollars and limited to $5 million dollars per location
to certain eligible persons or entities: a restaurant, food stand,
food truck, food cart, caterer, saloon, inn, tavern, bar, lounge,
brewpub, tasting room, taproom, licensed facility or premise of a
beverage alcohol producer where the public may taste, sample, or
purchase products, or other similar place of business in which the
public or patrons assemble for the primary purpose of being served
food or drink. Section 5003(c)(6) of the ARP Act requires
recipients to return to the Treasury any funds that the recipient
did not use for allowable expenses by the end of the covered
period, or if the recipient permanently ceased operations, not
later than March 11, 2023. T
SBA has updated its hourly
costs to reflect updates in the wages estimates from the Bureau of
Labor Statistics, to reflect updates in the GS-Schedule wages for
fiscal year 2022, and to adjust for computation of the annual
hourly burden.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.