Recipients of the funds are not required to repay funding as long as funds are used for eligible uses no later than March 11, 2023.
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SUBLETTE COUNTY – A new program to come out of the American Rescue Plan Act will soon be implemented in Sublette County to focus on relief for restaurants and adjacent hospitality entities.
The Restaurant Revitalization Fund will provide funding to help restaurants and other eligible businesses remain operational. It will provide funding equal to pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
Recipients of the funds are not required to repay funding as long as funds are used for eligible uses no later than March 11, 2023.
Eligible entities that have experienced pandemic-related revenue loss are:
More information on the Restaurant Revitalization Fund can be found at https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund#section-header-7.