‘Help is here’ for venues hit hard by the pandemic

The Small Business Administration is offering grants for venues across the country who faced challenges due to the pandemic

WASHINGTON (KLKN)- The U.S. Small Business Administration (SBA) has now launched a splash page for the Shuttered Venue Operators Grant (SVOG) application portal.

This comes in anticipation of the opening applications for the critical economic relief program on April 8, 2021.

The SVOG program is a grant that offers emergency funding for eligible venues that were affected by the pandemic.

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This program includes over $16 billion in grants to shuttered venues, which are administered by SBA’s Office of Disaster Assistance.

“Help is here for venue operators hit hard by the COVID-19 pandemic. The SBA has worked diligently to build the Shuttered Venue Operators Grant program from the ground up to assist and address the diverse eligibility requirements of each type of applicant and we will open for applications on April 8,” SBA Administrator Isabella Casillas Guzman said. “The SBA knows these venues are critical to America’s economy and understands how hard they’ve been impacted, as they were among the first to shutter. This vital economic aid will provide a much-needed lifeline for live venues, museums, movie theatres and many more.”

Before the application is officially opened, the SBA intends on hosting a national information webinar to showcase the application process for eligible entities from 2:30 p.m. to 4 p.m. ET on March 30, 2021. To register, click here. 

In an effort to make sure eligible venues don’t miss the window of opportunity to receive assistance through the Paycheck Protection Program, the American Rescue Plan Act will also amend the SVOG program to ensure that those who apply for a PPP loan after Dec. 27, 2020, will also be able to apply for SVOG.

For more information on how to apply for the grant, go to www.sba.gov/svogrant.

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Categories: Coronavirus, News, US & World