SBA opening shuttered venue grant applications April 8

The SBA launched an online portal to receive Shuttered Venue Operators Grant applications when the application period begins April 8. The program offers $16 billion in grants for eligible live venues.

Webinar: Prior to the official application opening, the SBA said it will host an informational webinar on the application process at 2:30 p.m. (Eastern time) Tuesday, March 30.

Details: As advocated by ICBA, entities that apply for a PPP loan after Dec. 27, 2020, may also apply for an SVOG. PPP loan amounts will be deducted from the grants, while SVOG recipients are ineligible for PPP loans.