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March 11, 2021

Informational Webinar and Q&A Session

 

The County of Chester and the Chester County Economic Development Council (CCEDC) held an informational webinar and Q&A session about the CHIRP grant program on Friday, March 12.

CLICK HERE – to view the recorded webinar

CLICK HERE – to view the webinar PowerPoint presentation


February 26, 2021

COVID-19 Hospitality Industry Recovery Program (CHIRP)

For hospitality and food service businesses

The Commonwealth of Pennsylvania, under Act 1 of 2021 (SB 109), created an initiative known as the COVID-19 Hospitality Industry Recovery Program (CHIRP).  Act 1 allocated $145 million in funding assistance to hospitality industry businesses adversely affected by the COVID-19 pandemic.  Approximately $5.9 million has been allocated to Chester County.  CCEDC will work with the County to implement this program.   Applications will be submitted through this website and will be accepted between March 15 and April 12.

A business is eligible if:

 

  • It has a North American Industry Classification System (NAICS) designation within the Accommodation subsector (721) or Food Services and Drinking Places subsector (722) and where accommodations, food or drink is served to or provided for the public, with or without charge. Please refer to this NAISCS code list.
  • It has fewer than 300 full-time equivalent employees.
  • It has a maximum tangible net worth of not more than $15 million.
  • It was in operation on February 15, 2020 and remains in operation and does not intend to permanently cease operations within one year of the date of application.
  • COVID-19 has had an adverse economic impact on the eligible applicant which makes the grant request necessary to support the ongoing operations of the eligible applicant.
  • It can demonstrate a minimum 25% decline in  quarterly revenue decline when comparing quarterly revenue between 2019 to 2020.   (Note:  If the business started between July 1-December31, 2019, quarter3 or quarter 4 revenue of 2019 must show at least a 25% decline compared to any quarter in 2020. If the business started between January 1-February 15, 2020, the entity must demonstrate at least a 25% revenue decline when comparing the first quarter of 2020 to any other quarter in 2020)

Priority will be given to applicants that:

 

  • Have not received a loan or grant issued under the authority of the commonwealth or the commonwealth’s political subdivisions or by the federal government;
  • Were subject to closure by the Governor’s disaster declaration; or
  • Can demonstrate one of the following:
    • A reduction in gross receipts of 50 percent or more for the period beginning after March 31, 2020, and ending before December 31, 2020, in comparison to the period beginning after March 31, 2019, and ending before December 31, 2019.
    • If the eligible applicant was not in operation during the entire comparison period, but was in operation on February 15, 2020, a monthly average reduction in gross receipts of 50 percent or more for the period beginning after March 31, 2020, and ending before December 31, 2020, in comparison to the period beginning after January 1, 2020, and ending before April 1, 2020.

Application

The application window will be open from March 15 through April 12.
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