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Around 14,000 businesses applied for help that ranged from $5,000 to $25,000 for small businesses that were among the first to shut down in Iowa and could demonstrate projected revenue losses of 75% or more due to the public health emergency. “With a restaurant this size, we still have expenses that reflect those costs,” said Buzbee.The program was originally giving out a total of $4 million, but thanks to an overwhelming response, Reynolds extended the total to $24 million, making way for businesses like 515 Brewing in Clive, which was awarded $20,000. “It helps us keep our employees paid through the shutdown and helps us keep our operating expenses covered and our normal day-to-day bills,” said Ryan Rost, owner of 515 Brewing.
Business for the brewery was about to begin to boom until the pandemic came. Rost said, “This is typically our busiest time of the year. We are right on the bike trail and a big component of our business is our taproom sales.”