Funds Available for Eating and Drinking Establishments
The Brooke Hancock Jefferson Metropolitan Planning Commission is helping restaurants and other food and beverage providers complete applications for the Small Business Administration’s Restaurant Revitalization Fund.
The Restaurant Revitalization Fund is part of the American Rescue Plan and provides restaurants, caterers, taverns, and others with $28.6 billion in direct relief funds.
Establishments may be provided relief funding equal to their pandemic-related revenue loss. Applicants may receive up to $10 million per business.
Awarded funds may be used for payroll costs, mortgage obligations, rent, debt service, supplier costs, business operating expenses, and other purposes.
“Restaurants and taverns are important parts of our local economy, and we are happy to help business owners complete the necessary paperwork to benefit from this program,” commented BHJ’s Economic Development Strategist Craig Brown.
The Restaurant Revitalization Fund is a national program and open to businesses in both West Virginia and Ohio. Potential applicants are encouraged to review the application process and register an account by visiting restaurants.sba.gov.
“If you have questions let us know. If you want someone to help you complete the process or walk you through it step by step, we can do that,” Brown stated.
He continued, “Funds are limited, so we want to get as many applications quickly submitted as possible to make sure the upper Ohio Valley gets its fair share.”
Interested persons can contact Craig Brown at the Brooke Hancock Jefferson Metropolitan Planning Commission by calling (740) 282-3685 ext. 211 or via email firstname.lastname@example.org.