The Iowa Restaurant and Bar Relief Program will provide financial relief to some of the most impacted businesses during the COVID-19 pandemic, restaurants and bars. Eligible businesses must show a decrease in gross sales of at least 15% during the second and third quarters of 2020, compared to second and third quarters of 2019, as shown by the Iowa Sales/Retailer’s Use Tax and Surcharge Return line 1 (gross sales amount). Businesses must have been established and open on or before April 1, 2020. The maximum grant amount is $25,000. This is not a first come, first serve program, amounts will be determined using a tiered system based on the percent of gross sales loss.
Eligible Businesses
- Full Service Restaurant
- Bar
- Brewery
- Brewpub
- Distillery
- Winery
Application Period
Online applications at www.iowabusinessrecovery.com will be accepted from February 1 – February 15th.
Information Required
- Iowa Sales/Retailer’s Use Tax and Surcharge Returns
- April – June 2019
- July – September 2019
- April – June 2020
- July – September 2020
- Liquor License Number
- Food Service Establishment License Number
- Sales Tax Permit Number
- Withholding Tax Permit Number
- Tax Identification Number
If you have any questions, our team at BakerStarrett LLP is happy to help you. Give our office a call at 641-236-8083 to see if you qualify for the Iowa Restaurant and Bar Relief Program.