Live Breaking News & Updates on Fay Pen Economic Development Council

Fay-Pen Economic Development Council is urging local restaurants and similar hospitality businesses to apply for available COVID-19 recovery programs.
“Both programs are designed to assist hospitality businesses whose revenues were impacted by the COVID-19 pandemic,” said Bob Shark, Fay-Penn executive director. “Businesses can apply to one or both programs as long as they meet the programs’ eligibility requirements.”
The first program is the Restaurant Revitalization Fund (RRF), which is through the U.S. Small Business Administration, which opened for applications this week.
Shark said $28.6 billion was made available to RRF through the federal American Rescue Plan Act.
“That program is intended to make grants available to for-profit businesses where patrons are served food or drink onsite,” Shark said. ....

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