Owners of Fort Dodge area businesses — particularly bars and restaurants — that have suffered a dramatic decrease in customers are receiving some needed relief in the way of state grant money.
Gov. Kim Reynolds started the Iowa Small Business Relief Program to provide financial assistance to small businesses that have been economically impacted by the COVID-19 pandemic.
Many businesses have suffered setbacks since March 17 when Reynolds issued a state of public health disaster due to the threat of COVID-19.
The ISBRP offers eligible small businesses grants ranging from $5,000-$25,000, in addition to offering Iowa businesses a deferral of sales and use or withholding taxes due and waiver of penalty and interest. The application window for this program closed as of noon, March 31.
More than $24 million has been awarded to businesses throughout the state.
Forty-plus businesses in The Messenger’s readership area are recipients.
Eligible businesses/applicants that do not receive a notification between April 7-10 will be considered for potential funding rounds in the future.
Every application received was triaged for eligibility and economic need.
The triage screening included an assessment of each applicant’s projected revenue loss for the period of March 15 to April 15 as supported by the applicant’s financial documentation.
For the first round of funding (April 7-10), priority was given to businesses demonstrating projected revenue losses of 75% or greater and businesses that were among the first to close due to the public health emergency.
Businesses were required to submit a description of economic injury and workforce impact, estimate of revenue loss from March 15 to April 15, 3-month income statement, revenues for March 2019 and March 2020 to date of application and balance sheet and payroll information.
Business applicants were also required to answer questions about civil or criminal court history or allegations, bankruptcies, potential violations of public health, safety or environmental laws, and whether the business is in good standing with the Iowa Department of Revenue. Businesses offering adult entertainment are considered ineligible for assistance.
The following area businesses are recipients of Iowa Small Business Relief Program grants:
Business, county, amount
• Fireside Lounge and Brass Monkey, Webster, $25,000
• Cory Bartrom, Kossuth, $15,000
• Dolly’s Bar and Grill, Sac, $15,000
• Family Table of Emmetsburg, Palo Alto $25,000
• Family Table of Pocahontas, Pocahontas, $25,000
• Grounded, Wright, $17,000
• Fox and the Fork, Webster $25,000
• Hutch’s Cafe II, Sac, $20,000
• Jerry’s Place Restaurant and Lounge, Wright $18,000
• McCubbin Enterprises, Webster, $25,000
• Roadrunners Bar and Grill, Kossuth, $12,000
• Scott Rector, Hamilton, $25,000
• Soldier Creek Winery, Webster, $16,000
• Sugarpie Bakery and Cafe, Wright, $7,000
• Tea Thyme at Sadies, Webster, $23, 413
• The Bar in Lake View, Sac, $25,000
• The HandleBar, Kossuth, $25,000
• BC Rails, Wright, $25,000
• Gaga and Hoo, Webster, $20,000
• Joseph D. McFarland, Wright, $15,000
• Pep’s, Kossuth, $15,000
• A Heavenly Celebration, Palo Alto, $25,000
• Dannys Hair Fashions, Webster, $5,000
• Details, Sac, $15,000
• Hair Odyssey, Webster, $17,000
• Heart and Flowers, Wright, $9,750
• JKP DESIGNS, Palo Alto, $5,000
• Lee’s Quilt Shed, Calhoun, $6,000
• Merle Norman Cosmetics and Grandgenett Jewelry, Kossuth, $25,000
• Perm, Palo Alto, $7,500
• Rustic Raven, Wright, $15,000
• Statements Salon, Kossuth, $8,000
• Thistle Do, Kossuth, $20,000
• Train Wreck Winery, Kossuth, $5,200
• Algona PR, Kossuth, $25,000
• Haack’s Nest, Palo Alto, $10,000
• katrina naatjes, Webster, $5,000
• Kids Palace Childcare Center, Webster, $25,000
• L.S.S., Palo Alto, $24,000
• PEKING GARDEN, Webster, $25,000
• The Pomeroy Area Bar and Grill, Calhoun, $15,000
• TMCR, Dairy Queen, Kossuth, $20,000