The Silver Dollar Bar and Million Dollar Cowboy Bar filed an application Friday for the state’s new Hospitality Loss Relief Program, and other Jackson businesses are working on theirs.
“We have applied, and we did qualify for the first $50,000,” said Jim Waldrop, president of Silver Dollar Inc., which manages the Silver Dollar and The Cowboy for owner Baxter Properties. “For us it’s well-appreciated.”
A Dec. 9 order from Gov. Mark Gordon prohibits bars, taverns and the like from operating between 10 p.m. and 5 a.m., although some bars, like the Cowboy and Silver Dollar, had previously started closing early on their own accord.
Last week the Wyoming Business Council invited applications by 5 p.m. today, Dec. 16, from hospitality businesses in the state whose operations were “interrupted by the reduced hours provisions in recent health orders.”
Under the new relief program, any bar, tavern, restaurant or hotel deriving its primary revenue between the hours of 10 p.m. and 5 a.m. from the on-premises sale of malt beverages, wine and liquor can apply for up to $50,000. The money comes from Coronavirus Aid, Relief and Economic Security Act funds.
“These funds may be used only to compensate for certain revenue losses and estimated tips of eligible businesses associated with the early closure provisions of the Eighteenth Continuation and Modification of Public Health Order #1 effective December 9, 2020,” the Business Council said.
“In accepting these funds, businesses specifically agree to continue to employ and pay their employees who would otherwise be working during curfew hours, inclusive of estimated tips.”
Brew pubs, breweries, distilleries and vineyards can apply but only for losses associated with on-premise sales and consumption of malt beverage, wine and liquor in their own bars or tasting rooms, whether on- or off-site.
The eligible time frame is Dec. 9 to 30 of this year even though the governor’s order is effective through Jan. 8.
“The December 30 deadline is imposed by the federal CARES Act which is the source of program funds, and does not permit reimbursement of losses or expenditures beyond that date,” the Wyoming Business Council said.
Calculations for applicants will include estimated liquor costs, payroll costs, gross receipts and tips.
Information on the Hospitality Loss Relief Program, a calculation worksheet and a video tutorial are available at WyoBizrelief.org/hospitality, which is also where businesses will file their applications.