The Small Business Administration will begin accepting applications for the Shuttered Venue Operators Grant (SVOG) program April 8, 2021. $16 billion in economic relief was established through the federal government’s Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and the American Rescue Plan Acts. Eligible applicants include:
- Live venue operators or promoters
- Theatrical producers
- Live performing arts organization operators
- Relevant museum operators, zoos and aquariums who meet specific criteria
- Motion picture theater operators
- Talent representatives
- Each business entity owned by an eligible entity that also meets eligibility requirements
More information, resources and to sign up for notifications are available from the SBA’s Application Portal. The SBA's YouTube channel features a webinar covering documentation eligible applicants need to apply and insight on the application process.
The SBA's search tool helps business owners find local SBA partners to assist with the application process.
Eligible Applicants Can Apply for a PPP Loan and a SVOG Grant
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. SBA is currently offering PPP loans until May 31, 2021. Visit the SBA's PPP Loan webpage or contact your lender for details.