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Hospitality Industry Relief Emergency Fund

 

***UPDATE***
Due to the overwhelming initial response, we regret to announce that all our initial funds available through the HIRE Fund have been allocated at this time. However, we are keeping our form open and will continue to collect information from Kansas hospitality businesses on the losses they are facing due to the COVID-19 pandemic.

By filling out the form, you can help us assess the need across our state, which we will work to communicate with officials at the state and national level. We are grateful for your participation and willingness to share this information with us, and we plan to reach back out to you if, and when, new resources become available. In the meantime, we also recommend you consider applying for the U.S. Small Business Administration’s Disaster Relief Loans, which have recently been made available to all 105 counties in Kansas. Further details and applications are available at www.disasterloan.sba.gov/ela.

We are all in this together. The Kansas Department of Commerce stands ready and willing to support the business community all across our state. Though we all face a period of uncertainty about how we will move forward in the coming weeks and months, it’s important to know that we will move forward, and we will do so together. We are here for you, and we will work to be a resource for you and a vocal advocate for continued support—until we’re all back on our feet and you can proudly reopen your doors to serve the customers you love.


The Kelly Administration has established the Hospitality Industry Relief Emergency (HIRE) Fund to provide bridge loans for Kansas’ hospitality sector during the COVID-19 crisis.

Governor Kelly is committed to providing support to our state’s small businesses, and she understands this pandemic is an especially serious challenge for the hospitality industry. In order to sustain operations for this sector, the administration has allocated $5 million for a round of bridge loans to hospitality businesses.

Eligible businesses in Kansas will be able to apply for a one-time loan of up to $20 thousand at 0% interest for a period of 36 months. There will be no principal or interest payments for the first four months.

*The actual amount of funds awarded will be determined based upon the details in your application.

Examples of hospitality businesses include:
  • Restaurants
  • Bars
  • Lodging facilities
  • Conference centers
  • Event centers

Other hospitality businesses will be considered and may be approved on a case-by-case basis.

These funds can be used as working capital for business expenses including, but not limited to:
  • Commercial loan payments
  • Commercial lease payments
  • Utility bills
  • Payroll
  • Accounts payable
  • Inventory

Funds will be strategically distributed across the state to maximize relief for all hospitality sectors across Kansas and focus on the areas most affected.

Distribution will be allocated as follows:
  • $2 million to the KC Metro area (incl. Johnson, Wyandotte, Shawnee and Douglas counties)
  • $1 million to Sedgwick County
  • $2 million to the remainder of the state

In order to be eligible, businesses must:
  • Be an existing for-profit business located in Kansas
  • Maintain a staff of fewer than 100 employees
  • Have no outstanding state tax obligations
  • Be willing to submit a personal guarantee of repayment from the owners of the business

Decisions on loan applications will be made within 72 hours of application receipt, 7 days a week. Funds will be transferred within 48 hours of approval.

Questions about the hire fund?

Contact the NetWork Kansas Referral Center at: 1 (877) 521-8600 or info@networkkansas.com

 

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