More than 50 local bars and restaurants have already taken advantage of the City of Owensboro’s supplemental payroll program introduced earlier this month, and the deadline for an establishment to apply is Friday.
According to City officials, 58 restaurants and bars have applied for assistance, with 52 having already been approved.
The OBKY Restaurant/Bar Supplemental Payroll Program made $750,000 available to eligible establishments within City limits.
The amount of funding each eligible establishment receives is dependent on its number of employees. Businesses can use 10% of the funding on administrative costs, while 90% must go toward supplemental payroll.
City Manager Nate Pagan said the application and review process has gone smoothly thus far, but officials won’t know exactly how much funding will be dispersed until after Friday’s deadline to apply.
“Sometime in the middle of next week we should know the full details,” Pagan said. “The allocated funding is completely dependent on how many employees each restaurant has. We could have one huge restaurant that has as many employees as 10 smaller restaurants.”
Restaurants and bars within the City of Owensboro that have not yet applied for supplemental income assistance can click here to review the application via the City’s website.