Program Questions
FAQ regarding program specifics
- Can the funds be used to pay back a PPP or EIDL loan as an eligible "business debt service " ?
- Does a business owned 50/50 by a couple meet eligibility for a priority group if only one of the individuals meets priority group criteria?
- I report revenue from multiple businesses on my IRS Form 1040 Schedule C tax return. How do I apply?
- Is there a toll free number to speak with a representative if I have additional questions?
- May RRF funds be used to expand a business?
- Is the data I enter in my application validated?
- Must applicants be US citizens or Resident Alien (Green Card Holders) in order to apply?
- Do I have to register in SAM.gov or provide a DUNS or CAGE number?
- Applicants must provide 3 months of bank statements with application. Which 3 months?
- Certain types of entities have to demonstrate that on-site sales to the public comprised at least 33% of gross receipts in 2019. What if the business didn't start operations until after 2019?
- My restaurant pivoted to delivery in 2020. Gross revenue stayed steady but net profit was reduced due to delivery expenses. Can these delivery expenses be classified as a reduction to revenue for the calculation versus 2019 revenue??
- Is eligibility for priority groups based solely on ownership or does control play a factor?
- Do operating expenses or supply costs include delivery costs?
- Is there a reconsideration or appeals process for declined applications?
- How do I get help with questions?
- Is a for-profit entity owned by a non-profit organization eligible for RRF?
- Is my business type eligible?
- How do I count my locations - and - Who are my affiliates?
- What are other eligibility restrictions?
- Are hotels and motels eligible as an "Inn"?
- Are businesses that are owned by government officials eligible?
- Would an online tea shop and coffee shop be an eligible entity?
- Can I change my business's ownership in order to qualify as a priority group?
- What is the eligibility rule on foreign owned/majority foreign owned businesses?
- Can RRF funds be used to make payments on business debt obligations (not just real estate mortgage) and credit cards?
- Will RRF funds be considered taxable income?
- Will Awardees be audited?
- When a funding request is approved will the Applicant business receive that amount in one lump sum?
- Are required licenses and fees normal operating expenses?
- I own a dry cleaner and a restaurant under the same EIN. How do I calculate my RRF?