From the NC Department of Revenue:
- The application period ends Friday, March 18, 2022
The Business Recovery Grant Program (BRG) issues a one-time payment to eligible North Carolina businesses that experienced significant economic loss due to COVID-19. The NC Department of Revenue is administering the program.
Two types of grants are available to eligible businesses that suffered an economic loss of at least 20 percent during the pandemic:
- A hospitality grant will be available to an eligible arts, entertainment, and recreation business, as well as an eligible accommodation or food service business such as a hotel, restaurant, and bar (NAICS codes 71 and 72).
- A reimbursement grant will be available to an eligible business not classified in NAICS Code 71 and 72 and that did not receive funding from other relief programs including Paycheck Protection Program, COVID-19 Job Retention Grant, and EIDL Advance.
ADDITIONAL INFORMATION:
Hospitality Grant Requirement Overview
- Classified in NAICS code 71 or 72
- Suffered an economic loss of at least 20% (Calculated using gross receipts reported on North Carolina Sales and Use Tax Return and IRS Form 1065)
- Subject to North Carolina income tax
Reimbursement Grant Requirement Overview
- Not Classified in NAICS code 71 or 72
- Did not receive relief from other relief programs including Paycheck Protection Program, COVID-19 Job Retention Grant, and EIDL Advance
- Suffered an economic loss of at least 20% (Calculated using gross receipts reported on North Carolina Sales and Use Tax Return and IRS Form 1065)
- Subject to North Carolina income tax
The grant amount is a percentage of the economic loss demonstrated by the eligible business or $500,000, whichever is less. NCDOR will reduce grant amounts if the total amount of grants requested exceed the maximum amount of funds authorized for the BRG by the state of North Carolina.
Grant amounts will be determined at the conclusion of the application period. All payments will be made by check, mailed to the address provided by the respective business once the amounts are determined after the application period closes.
Helpline
Should potential applicants have any questions about the program or application, you may call the North Carolina Department of Revenue at 1-877-252-4487 (8:00 am until 4:30 pm EST, Monday through Friday).
Bilingual assistance is available to assist as needed
How to Apply
- Option I: Apply online doing either of the following:
- Fill out application at home by going to https://www.ncdor.gov/business-recovery-grant
- Complete the online application at one of the Department’s service centers by scheduling an appointment on the Department’s website.
- Option II: Submit a Paper Application by doing any of the following:
- Drop off an application at one of the Department’s service centers.
- Fax a completed application to 919-715-7843, Attn: Business Recovery Grant Program.
- Mail a completed application to:
- NC Department of Revenue, Attn: Business Recovery Grant Program, 514 Daniels St, #409, Raleigh, NC 27605
- The application period ends Friday, March 18, 2022
