New Program for Hospitality Businesses in Pike County
PIKE COUNTY — Pike County is offering grants of $5,000 to $50,000 to eligible hospitality businesses through the COVID-19 Hospitality Industry Recovery Program (CHIRP). Applications are due on April 30.
To be eligible for this program, businesses must be located in Pike County, be for profit, not be publicly traded, and have a NAICS classification of Accommodations (721) or Food Services and Drinking Places (722) with accommodations, food, or drink served or
provided for the public with or without charge. In addition, businesses must have been in operation on February 20, 2020 and plan to remain open for at least one year from the date they apply, have less than 300 full-time equivalent employees, a tangible net
worth of less than $15 million, be current with all taxes, and have been negatively impacted by the COVID-19 pandemic. The County will prioritize applications from businesses that have not received funding through other assistance programs related to the pandemic.
Interested businesses can learn more about the program and submit an application at PikeForward.com. Pike County is working with NEPA Alliance and Hailstone Economic to administer this program. Applications will be received and reviewed on a rolling basis. All funds will be distributed by July 31, 2021.
On February 5, 2021, Governor Wolf signed Senate Bill 109 into law (Act 1 of 2021), allocating $145 million to this newly created program. This Project was financed by a grant from the Commonwealth of Pennsylvania, Department of Community and Economic Development. Pike County is receiving $632,133 to provide grants to eligible businesses through this program.