Working with our clubs and facilities is an honor and we have felt your struggles. Please take a moment to read this article and take action. Share it with your members! Let’s help each other by not waiting, but by taking action.
by Pam Kufahl, Content Director at IHRSA
The U.S. fitness industry was not specifically included in either of the two previous federal relief bills related to COVID-19, but that could change with the reconciliation bill that the Senate Small Business Committee is working on now and that the Senate will take up after its August recess, according to IHRSA, the trade association for commercial health club operators.
The GYMS Act would provide assistance for fitness facilities that were forced to temporarily close during the COVID-19 pandemic and, as a consequence, have struggled to stay in business. If passed, the GYMS Act would create a $30 billion recovery fund in the form of Small Business Administration (SBA) grants that would be available to fitness business owners similar to other previous relief programs. The act would allow fitness facility operators to recoup as much as 45 percent of 2019 revenue or $20 million, whichever is less. The funds could be used for payroll, rent, mortgage, utilities, insurance and other expenses fitness facilities normally incur.
NIHCA needs to help IHRSA by getting this bill passed and in as many hands as possible.
Put on your FB page(s), send to your members to sign and pass along to others.