RESOURCES FOR OREM BUSINESSES AFFECTED BY
Current Funding Options
- Employee and compensation levels are maintained;
- The loan proceeds are spent on payroll costs and other eligible expenses; and
- At least 60 percent of the proceeds are spent on payroll costs.
Mountainland Association of Governments (MAG) is providing financial assistance to qualifying restaurants, bars, and cafes in Utah County, Utah who have been impacted by the COVID-19 pandemic. Businesses are eligible to receive up to $10,000 for the following purposes:
- Reimbursement for materials and equipment to facilitate outdoor and alternative dining spaces, such as outdoor patio heaters, tables and chairs, and awnings.
- Reimbursement for protective equipment such as physical barriers and air circulation equipment.
- Reimbursement for other materials and equipment purchased during the pandemic to make your business more compliant with COVID-related health guidelines.
- Licensed bar, restaurant, or similar business legally owned and operated in Utah County, Utah with no more than 20 full-time equivalent employees.
- Business was established and in operation on or before March 6, 2020.
- Business is complying with all federal, state, and local COVID-19 related guidelines.
- Business has not previously received funds from any MAG restaurant assistance program.
All awards from this program will be made in the form of reimbursement for prior, pandemic-related purchases. Materials and equipment must have been purchased on or after March 6, 2020 and proof of purchase must be provided in the application.
MAG may reimburse a portion of expenses for equipment and materials purchased to offer a dining experience that is safe, comfortable, and compliant with health guidelines. This includes outdoor dining equipment and related materials.
MAG will not reimburse any other business expense, including payment of debt, payroll, rent, or utilities. Construction of any type, including activities which alter the natural or built environment, is not eligible for reimbursement. Placing equipment such as tables, awnings, and heaters outdoors is permitted as long as these do not alter the space itself.
In order to qualify for this program applicants must certify that an award will enable the creation or retention a job held by a low- or moderate-income individual that would be otherwise unavailable without assistance. This includes any job held by an individual with an annual salary of $45,050 or less; the salary threshold for low- or moderate-income individuals increases with household size.