On Tuesday April 27 the Brownwood Area Chamber of Commerce will host a webinar for information on the new Restaurant Revitalization Fund program.  The program is part of the American Rescue Plan Act, recently passed by the U.S. Congress and signed by President Biden.

The program basically provides a tax-free federal grant to restaurants equal to the amount of its “pandemic-related revenue loss,” calculated by subtracting its 2020 gross receipts from its 2019 gross receipts.  Any PPP (Payroll Protection Program) funds received by the restaurant will be deducted from the Revitalization Fund grant.

A webinar with all the details of the program, and how to apply, will be held on Tuesday, April 27, at 2:30 p.m.  Interested parties can register here:   https://nwtsbdc.ecenterdirect.com/events/15400

The webinar is presented by America’s SBDC (Small Business Development Center) with Tarleton State University.

For more information, contact Kandice Harris at the Brownwood Area Chamber of Commerce, phone 325-646-9535,

or email at:  communications@brownwoodchamber.org.