The COVID-19 Hospitality Industry Recovery Program (CHIRP) will allocate $145 million in funding assistance to the hospitality industry businesses adversely affected by the COVID-19 pandemic. The program requires counties to establish grant programs for eligible businesses.
The funds come as many hospitality businesses—such as hotels, restaurants and bars—continue to struggle amid the pandemic.
- It has a North American Industry Classification System (NAICS) designation within the Accommodation subsector (721) or Food Services and Drinking Places subsector (722) and where accommodations, food or drink is served to or provided for the public, with or without charge.
- It has fewer than 300 full-time equivalent employees.
- It has a maximum tangible net worth of not more than $15 million.
- It was in operation on February 15, 2020 and remains in operation and does not intend to permanently cease operations within one year of the date of application.
- COVID-19 has had an adverse economic impact on the eligible applicant which makes the grant request necessary to support the ongoing operations of the eligible applicant.
Priority will be given to applicants that:
- Have not received a loan or grant issued under the authority of the commonwealth or the commonwealth’s political subdivisions or by the federal government;
- Were subject to closure by the Governor’s disaster declaration; or
- Can demonstrate one of the following:
- A reduction in gross receipts of 50 percent or more for the period beginning after March 31, 2020, and ending before December 31, 2020, in comparison to the period beginning after March 31, 2019, and ending before December 31, 2019.
- If the eligible applicant was not in operation during the entire comparison period, but was in operation on February 15, 2020, a monthly average reduction in gross receipts of 50 percent or more for the period beginning after March 31, 2020, and ending before December 31, 2020, in comparison to the period beginning after January 1, 2020, and ending before April 1, 2020.
For the latest information, please join us on Thursday, February 25th at noon for our annual membership meeting featuring an update from Pennsylvania State Senate Majority Leader Kim Ward, as well as the Westmoreland County Commissioners, who will announce a new program impacting several Westmoreland County businesses.