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UNDERSTANDING THE RESTAURANT REVITALIZATION FUND
$28.6 BILLION “RESTAURANT REVITALIZATION FUND” (RRF) GRANTS An eligible business may receive a tax-free federal grant equal to the amount of its pandemic-related revenue loss, calculated by subtracting its 2020 gross receipts from its 2019 gross receipts. If the business is not in operation for the entirety of 2019, the total is the difference between…
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