LIMA, OH – Democratic U.S. Army veteran and warehouse manager Jeff Sites, who is challenging Rep. Jim Jordan in the Ohio Fourth Congressional District, is encouraging restaurant, bar, bakery and other food industry owners whose businesses have been hurt by coronavirus to apply for support from the Restaurant Revitalization Fund. The Fund, passed as part of the American Rescue Plan, opens today at noon.
These small businesses will receive financial support equal to their pandemic-related revenue loss up to $10 million per business and $5 million per physical location. Funds will not have to be repaid as long as they are used according to program guidelines before March 11, 2023.
Owners can find out if they are eligible, how to apply and more information about the program on the Small Business Administration’s website here. Applications will remain open until funds are exhausted.
The American Rescue Plan set aside $28.6 billion for the Restaurant Revitalization Fund in recognition of the serious challenges this industry has faced during the pandemic. Rep. Jordan voted against the American Rescue Plan and has not publicized the availability of these funds on his congressional website or social media – in spite of three in 10 American small businesses reporting they won’t survive the year without additional government assistance [source].
Sites issued the following statement:
“Restaurants, bakeries and bars are the places where we come together. They help drive our economy, and they are at the heart of our communities. We know how hard they’ve been hit over the last 14 months, and the Restaurant Revitalization Fund will make sure their doors are open for employers, employees and customers when we’re back to business as usual. I want to make sure the folks who can benefit from this program, do.
“Jim Jordan seems to think that if we ignore the impact of this pandemic it will just go away, but we know the bills have kept piling up. If we’re going to get back to normal, we’ve got to make sure our small businesses are able to weather the storm. This fund will help them do just that.”