News Source: messenger-inquirer.com
City launches payroll program for restaurants, bars, employees
News Source/Courtesy: messenger-inquirer.com

The city of Owensboro will provide financial assistance to city restaurants and bars, particularly restaurant workers, through a program announced Monday afternoon.

City officials announced a $750,000 OBKY Restaurant/Bar Supplemental Payroll Program and posted a link on the city’s website for restaurants to begin applying for the funds.

The deadline to apply is Jan. 15. City Manager Nate Pagan said the application process includes forms that restaurants already have to provide to the federal government.

“The process is as simple and painless (for applicants) as possible,” Pagan said.

Bars and restaurants that receive funds will distribute 90% to workers, while restaurant owners will keep 10%, Pagan said. The 10% is to cover any expenses a business incurs gathering the information needed to apply.

The program is open to restaurants and bars of any size, but only restaurants and bars inside city limits qualify. To be eligible, the business must have a city business license in good standing and no delinquent taxes.

The program was modeled after the federal Paycheck Protection Program.

“The (City Commission) was concerned about the continued impact on restaurants” and bars from the COVID-19 pandemic, Pagan said.

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News Source: messenger-inquirer.com

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