Hospitality Covid 19 Relief Information - Administered by SEDA-COG

Hospitality Covid 19 Relief Information - Administered by SEDA-COG

March 8, 2021

 

 

Eligibility requirements announced for COVID Hospitality Industry Recovery Program (CHIRP)

Applications for the COVID Hospitality Industry Recovery Program (CHIRP) will begin being accepted on Monday, March 15.

SEDA-COG will administer the program for Centre County, which has $1.8 million in funding available to assist hospitality industry businesses here that have been impacted by the pandemic.

Eligible hospitality industry businesses include hotels, restaurants, bars and taverns. These businesses must fall within eligible industry codes that include the Accommodations subsector NAICS code (721) or Food Services and Drinking Places subsector (722).

Eligibility requirements include, but are not limited to, businesses:

  • with fewer than 300 full-time employees
  • having a net worth that does not exceed $15 million
  • that realized a 25 percent reduction in gross receipts in 2020 compared to 2019
  • located in Centre County.


Priority will be given to businesses that did not already receive COVID relief funds; that were subject to closure following the disaster emergency declared by Gov. Tom Wolf on March 6, 2020; and had more than a 50 percent reduction in gross receipts from March 31, 2020 to Dec. 31, 2020 compared to the same time period in 2019. 

Demand for assistance is expected to be strong. Businesses that are considering applying for additional financial relief through CHIRP are encouraged to do so as soon as possible following the opening of the application process.

Centre County businesses can apply here from March 15, 2021 until the funds are exhausted or June 15, 2021.

Grants will range from $5,000 to $50,000, and the funds will help alleviate revenue losses and pay eligible operating expenses due to the COVID-19 pandemic.

More detailed information is here

For more information, contact SEDA-COG Grants Manager Betsy Lockwood at 570-522-7265 or elockwood@seda-cog.org