Good morning,
Governor Andy Beshear recently announced the release of $40 million of CARES Act funding to establish the Food and Beverage Relief Fund. The purpose of the Fund is to provide financial assistance to Kentucky bars and restaurants required to close to in-person services for eligible expenses. Assistance will be capped at $10,000 per business with a single location and $20,000 per business with multiple locations.
Team Kentucky has a webpage
here that is dedicated to explaining the program and facilitating the application process. Several criteria are outlined specifying who will be eligible for the grant, as follows:
- Only bars and restaurants, as defined here, are eligible,
- The bar or restaurant must remain in compliance with all public health orders,
- The business cannot be owned or controlled by a publicly traded company,
- No more than 50% of each eligible location’s gross receipts can derive from a drive-thru window, and
- All information and documentation must be submitted by application no later than the end of December 18, 2020.
The application window opened November 30 and several standard items must be submitted during the application process:
- Proof of a valid liquor license and/or a current, valid food service permit,
- Picture of the bar or restaurant, and
- Proof of payment of eligible expenses outlined here, incurred between March 6, 2020 and December 31, 2020.
Note that applications are evaluated and approved on a first come, first served basis. Grants are expected to be awarded and distributed in one lump sum beginning December 8. The application process may close before December 18 if all of the funds have been exhausted.
This information is accurate as of December 9, 2020. Although we are happy to discuss general questions about the program, the websites linked above provide thorough explanations for applying for this grant.
