Medford Chamber urges businesses to take advantage of emergency fund

MEDFORD, Ore. —As many restaurants and other businesses adapt to new restrictions, Governor Kate Brown says more help is on the way. The governor says she is partnering with lawmakers, to approve a $20-million emergency relief package. But in the meantime, many are left waiting.

The Restaurant Revitalization Fund provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. The American Rescue Plan Act established the fund to help those struggling keep their doors open.

Brad Hicks, President of the Medford-Jackson County Chamber, says businesses should jump on the $28 billion fund.

“Individual restaurants for example could be eligible for up to $5 million, restaurant groups could be eligible for up to $10 million as long as they have fewer than 20 locations,” said Hicks.

Recipients are not required to repay the assistance as long as the funds are for eligible uses. Hicks says the money will go quickly, so it’s important to gather all documentation.

The application opens on April 30th, for more visit the SBA website.

NBC5 News Reporter Jenna King is a Burbank native. She graduated from the University of Oregon with a degree in Broadcast Journalism and a minor in Sports Business. During her time at the U of O, she was part of the student-run television station, Duck TV. She also grew her passion for sports through interning with the PAC 12 Network. When Jenna is not in the newsroom you can find her rooting for her hometown Dodgers, exploring the outdoors, or binging on the latest Netflix release.
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