NCDR: Hospitality Business Recovery Grants Program Announced

Asheville -- The North Carolina Department of Revenue (NCDOR) announced today that a new program

to assist the state’s most vulnerable businesses will begin accepting applications this week. 

The Business Recovery Grant Program will issue a one-time payment to eligible North Carolina businesses 

that experienced significant economic loss due to COVID-19. Applications are due January 31, 2022. 

"Our economy is roaring back, but we know that some small businesses are still struggling from the impacts 

of the pandemic," said Governor Roy Cooper. "These funds will help these businesses continue their recovery, 

create good paying jobs and help our economy."

“Many businesses suffered financial setbacks during the pandemic,” said NCDOR Secretary Ronald Penny.

“Our goal is to help them. We will work to get the grant funds distributed in an expeditious manner, 

which is the legislative intent.” 

There are two types of grants available to eligible businesses that suffered an economic loss of at least

20 percent during the pandemic:

A hospitality grant will be available to an eligible arts, entertainment, or recreation business, as well as

an eligible accommodation or food service business such as a hotel, restaurant, or bar (NAICS code 71 and 72).

A reimbursement grant will be available to an eligible business not classified in NAICS Code 71 and 72

and that did not receive funding from other relief programs including Paycheck Protection Program, 

COVID-19 Job Retention Grant, and EIDL Advance.

The grant amount is a percentage of the economic loss demonstrated by the eligible business or $500,000,

whichever is less. 

NCDOR will reduce grant amounts if the total grants requested exceed the maximum amount of funds authorized

for BRG by the state of North Carolina.

An eligible business owner may apply online at www.ncdor.gov.  

More detailed information and answers to Frequently Asked Questions are also available on the agency website.