A summary of the criteria to meet when considering different funding options.
Paycheck Protection Program Applicant | Shuttered Venue Operators Grant Applicant | COVID-19 EIDL Applicant | Restaurant Revitalization Fund Applicant | |
---|---|---|---|---|
PPP recipient | First Draw PPP borrowers may be eligible to apply for Second Draw PPP loans | May apply for SVOG if received a PPP loan; if PPP loan received after Dec. 27, 2020, the PPP loan amount will be deducted from the SVOG. May not apply for PPP after receiving SVOG | May apply for EIDL and PPP, but cannot be used for the same purpose/costs | PPP loans received by the RRF applicant will affect the applicant’s funding calculation |
Shuttered Venue Operators Grant recipient | May not apply for PPP loan after receiving SVOG | May be eligible to receive a supplemental SVOG award | May apply for EIDL and SVOG, but cannot be used for the same purpose/costs | Entities that have a pending application for or received a Shuttered Venue Operators Grant are not eligible to apply for RRF |
COVID -19 EIDL recipient | May apply for PPP, but cannot be used for the same purpose/costs as EIDL | May apply for SVOG, but cannot be used for the same purpose/costs as EIDL | May apply for one EIDL, then submit applications to increase funds from that same loan | May apply for EIDL and RRF |
RRF recipient | PPP loans received by the RRF applicant will affect the applicant’s funding calculation | Entities that have a pending application for or received an RRF are not eligible to apply for Shuttered Venue Operators Grants | May apply for EIDL and RRF | The same business cannot apply for RRF more than once |