The Michigan Restaurant & Lodging Association (MRLA) has created a $409 million fund in the Michigan Treasury to aid businesses that were severely impacted by pandemic related restrictions and closures. To qualify for a grant, an afflicted business must demonstrate a decline in total sales in 2020 in relation to their 2019 sales, including any revenue received via forgiven Paycheck Protection Program (PPP) loans or Restaurant Revitalization Funds.
What businesses qualify?
An afflicted business is any business that is not tax exempt under that Internal Revenue Code, is not a government entity, and is one of the following:
- A food service establishment
- A hotel or bed and breakfast
- An entertainment venue
- An exercise facility
- A recreation facility or place of public amusement
- A cosmetologist, barber, cosmetology shop or barber shop
- A nursery or nursery dealer
- An athletic trainer
The Michigan Department of Treasury must post applications by March 1, 2022 and all applications must be received by April 1, 2022.