Independent Restaurants

Aba, the concept from ‘Top Chef’ alum C.J. Jacobson, already has locations in Chicago and Texas and will open in the Miami area in 2022

The Global Ambassador, including five original restaurant concepts, is set to open in Phoenix in 2023

Savory Fund II builds upon the previous funding success of the first round in October 2020

Loco Co-Op is available in six different cities, including Las Vegas; Knoxville, Tenn.; and Richmond, Va. as another alternative to the third-party delivery giants

The SBA is keeping the portal open until 8 p.m. on Monday as funding is still available for the smallest restaurants

The ‘Next Steps’ Guide shows operators what they should do if they receive a grant, besides spend it wisely

The SBA has already received requests for $8.14 billion from businesses with under $500,000 in revenues (far surpassing the $5 billion set aside for this group)

The SBA is awarding $2 billion to 16,000 restaurants and the funding could appear in bank accounts as early as May 11

The Small Business Administration has received applications from all 50 states and Washington, D.C. within the first 48 hours of the application opening