State funding available for restaurant and bar member businesses

Published by: Emily Leite

January 13, 2021 | Uncategorized

As your credit union continues to prioritize member needs during the pandemic, the State of Ohio is also freeing up resources to provide further financial assistance to lift the member businesses you serve. Recently, Governor DeWine designated $38.7 million in federal CARES Act funding to provide $2,500 assistance payments to on-premise liquor permit holders facing financial difficulties. Each business with an active on-premise liquor permit is eligible, and the deadline to apply for the Bar and Restaurant Assistance Fund has been extended to Jan. 31. While the program is referred to as the Bar and Restaurant Assistance Fund, more than just bars and restaurants have eligible permits. If your credit union also serves movie theaters, bowling alleys, sports and concert venues, and even some hair salons, those member businesses may be eligible for this funding. Encourage qualified member businesses to visit to apply today. An active liquor permit number and federal tax information is required for the application process.

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