HOWELL – Local restaurant owners could be awarded funding through the Restaurant Revitalization Program.
On April 28, the Howell Business Recovery Task Force sent a message to the township’s restaurant owners about funding that may be available.
The task force is a public-private partnership that is working to increase economic activity in a safe and responsible way as restrictions associated with the coronavirus pandemic continue to be lifted by Gov. Phil Murphy. The panel’s goal is to ensure the vitality of Howell’s economy.
The U.S. Small Business Administration (SBA) is awarding funding through the Restaurant Revitalization Program to restaurants, bars and other similar places of business that serve food or drink. The purpose of the funding is to provide support to eligible entities that suffered revenue losses related to the COVID-19 pandemic.
Eligible entities are businesses that are not permanently closed and include businesses where the public or patrons assemble for the primary purpose of being served food or drink.
The minimum funding amount will be $1,000; the SBA may provide funding of up to $5 million per location for applicants who meet eligibility requirements.
Howell Deputy Mayor Thomas Russo, who chairs the task force, said, “The purpose of the (funding) is to help our resistant industry, particularly those businesses who suffered significant revenue loss as a result of the pandemic.
“This is a big deal for some of our businesses in town and can provide real relief. Howell businesses who qualify should absolutely take advantage of this program,” he said.