PITTSBURGH — Millions of dollars in grant money will open up Monday for Pennsylvania bars, restaurants and hotels.
The COVID-19 Hospitality Industry Recovery Program will provide $145 million dollars in relief. Grants will be awarded in $5,000 increments, with a $50,000 maximum.
A business is eligible for grant money if:
- It has a North American Industry Classification System (NAICS) designation within the Accommodation subsector (721) or Food Services and Drinking Places subsector (722), and where accommodations, food or drink is served to or provided for the public, with or without charge.
- It has fewer than 300 full-time equivalent employees.
- It has a maximum tangible net worth of not more than $15 million.
- It was in operation on Feb. 15, 2020, and remains in operation and does not intend to permanently cease operations within one year of the date of application.
- COVID-19 has had an adverse economic impact on the eligible applicant, which makes the grant request necessary to support the ongoing operations of the eligible applicant.
Pennsylvania counties were told they must begin accepting applications from businesses by Monday.
>>PREVIOUS STORY: Gov. Wolf announces hospitality industry relief funding
In Allegheny County, that process will start at noon (CLICK HERE).
Cox Media Group