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Shuttered Venue Operators Grant Program

September 16, 2021

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Shuttered Venue Operators Grant

SBA will begin sending invitations for supplemental awards for the Shuttered Venue Operators Grant program.

SVOG supplemental awards are to be provided to those who received an initial grant and have illustrated a 70% loss when comparing 2021’s first-quarter revenues to the same in 2019.

Supplemental award applicants can choose to apply for any amount up to 50% of their original SVOG amount, with a $10 million cap of the initial and supplemental awards combined, according to the law. The supplemental awards also allow SVOG recipients to extend the time to use their grant funds for expenses accrued through June 30, 2022 and lengthen their budget period to 18 months from the initial grant’s disbursement date.

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September 16, 2021
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