DETAILS: New Hospitality Grant Program


A new targeted Hospitality Grant program is now open (as of March 8, 2021 at 8am EST) and will close on March 19, 2021 at 5pm EST.

Requirements and information is continually updated as guidance continues to be issued from the Commonwealth. The FAQ and the What Is Needed To Apply documents here will be updated accordingly.

On February 5, Governor Wolf signed into law Act 1, legislation that set aside $145 million in funds to aid hospitality industry businesses affected by the COVID-19 pandemic.

The program offers over $6 million available to Lancaster County hospitality businesses.

The program is in partnership between EDC Finance, the County of Lancaster, and the Lancaster Chamber.

CORE CRITERIA:

The program is open to Lancaster County based private (not publicly traded) for-profit entities.

Businesses must have fewer than 300 total employees by full-time equivalent (FTE) and a tangible net worth of $15 million or less.

Entities must have sustained a minimum annual revenue decline of 25% or quarterly revenue loss of 25% or greater in any quarter when comparing quarterly revenue between 2019 and 2020.

The legislation requires grant recipients to operate within the Commonwealth of PA and have a NAICS designation within the accommodation sector (721) or Food Services and Drinking Places subsector (722). These are the ONLY eligible NAICS codes

Businesses must not be permanently closed at the time of application and the time of check disbursement.

Applicants will be required to submit a W-9, 2019 tax return, and other financial/payroll information at the time of application.

Explore other criteria, FAQs, information, and more, here.

If you have any questions please reach out to funding@recoverylancaster.com.

Once again, the program is now open (as of March 8, 2021 at 8am EST) and will close on March 19, 2021 at 5pm EST. It is based on criteria and is not first-come, first serve.

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