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5 Things to Know about the Shuttered Venue Operators Grant
5 Things to Know about the Shuttered Venue Operators Grant

Industry News

5 Things to Know about the Shuttered Venue Operators Grant

 

1. The SBA will begin accepting SVOG applications on April 8.

The SBA has launched a splash page for the Shuttered Venue Operators Grant application portal in anticipation of opening grant applications for the critical economic relief program on Thursday, April 8.

Visit SVOG portal


2. Register for the national SVOG webinar on March 30; submit questions by March 29.

Prior to the SVOG applications opening on April 8, the SBA will host a national informational webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET on Tuesday, March 30. Potential applicants can suggest topics they’d like to see covered via e-mail to SVOGrant@sba.gov by 12 p.m. ET on Monday, March 29. The SBA will make every effort to address the question categories on the webinar and future FAQs, but cannot provide specific, individual answers.

Register for the webinar


3. You can now receive both a PPP loan and an SVOG.

To ensure eligible venues do not miss a window to receive assistance through the Paycheck Protection Program, the American Rescue Plan Act amended the SVOG program so entities that apply for a PPP loan after Dec. 27, 2020 can also apply for an SVOG, with the eligible entity’s SVOG to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this change. However, under the law, entities will be ineligible for a PPP loan after they receive an SVOG.  

More on relief programs 


 4. Get prepared with these multiple tools.

The SBA has created several tools and resources to help potential SVOG applicants prepare, including:

All info about SVOG


5. Tap local SBA partners for technical assistance.

The SBA Resource Partner Network provides advising and counseling services to help organizations prepare for funding opportunities like the SVOG, PPP and other business recovery needs.

Find assistance near you

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