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Nama applauds US Small Business Administration for grant eligibility clarification

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ARLINGTON, Va., US – The National Automatic Merchandising Association (NAMA) yesterday released the following statement from Mike Goscinski, senior director, external affairs, regarding the U.S. Small Business Administration’s (SBA) clarification of qualification for Restaurant Revitalization Fund (RRF) grants, in response to a March letter from NAMA President and CEO, Carla Balakgie:

“We were encouraged when relief passed Congress, however convenience services operations with a blended business portfolio including catering, food service and cafeterias were likely to be excluded due to NAICS code restrictions applied to previous COVID-19 relief programs.

We are pleased with the SBA’s response to our request. This clarity ensures that convenience service operators who provide catering, on-site cafeteria and/or food service will not be inadvertently excluded from access to this much-needed relief. The move allows more small businesses to continue to provide consumers with the products they need at work, at home and at play, as cities and states begin to reopen.”

Operators can find out more information on this program by visiting: www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund

Founded in 1936, NAMA is the association representing the $31 billion US convenience services industry. With nearly 1,000-member companies — including many of the world’s most recognized brands — NAMA provides advocacy, education and research for its membership. Visit NAMA on Facebook, Twitter and LinkedIn.