Restaurant and Bar Relief Program
4 Feb 2021
Governor Reynolds allocated $40 million in federal CARES Act funds to provide financial relief for eligible restaurants and bars impacted during the COVID-19 pandemic. The Iowa Restaurant and Bar Relief Program will assist many Iowa establishments that were among the most directly and hardest hit by the COVID-19 pandemic and associated closures and mitigation efforts.
The program may assist eligible businesses that experienced a decrease in gross sales of at least 15% during the second and third quarters of 2020, compared to the same time the previous year, as evidenced by the Iowa Sales/Retailer’s Use Tax and Surcharge Return.
Grant award amounts will be determined using a tiered system based on the percent of gross sales loss. Award tiers will be used with a maximum award amount of $25,000.
Eligible businesses include:
- Full-Service Restaurants
The online application will be available at iowabusinessrecovery.com beginning Monday, February 1 at noon and will close at 5 p.m. on Monday, February 15. All applications submitted within that period will be considered for an award. The program is not first come, first served.