SBA Partners With Fintech Companies to Push Restaurant Grants

The Small Business Administration is teaming up with financial technology companies to help restaurants sign up for pandemic-relief grants once the program opens.

The agency is partnering with Clover, NCR Corp., Square, and Toast to help restaurants access the point-of-sale data necessary to complete their applications for the yet-to-be opened Restaurant Revitalization Fund, according to an announcement Thursday. The $28.6 billion fund was established in the March relief law (Public Law 117-2).

• Each company is helping by building pre-packaged point-of-sale documentation, hosting webinars, and more. According to the agency, those efforts will allow “thousands of restaurant ...