Source: Keely Arthur, WRAL, 12/16/21

 North Carolina launched a $500 million program Thursday to help restaurants and other small businesses recover from pandemic-related losses. The North Carolina Business Recovery Grant Program allows business owners who have seen at least a 20 percent decline in revenue to apply for grants equal to 10 percent of their losses, up to $500,000. Because the hospitality industry was hit so hard by closures and other restrictions, $300 million of the fund is earmarked for restaurants, hotels, bars and other entertainment businesses.

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