SBA reopens shuttered venue grant program

The SBA reopened the Shuttered Venue Operators Grant application portal after technology issues scuttled its April 8 launch.

Background: The program offers $16 billion in grants for eligible live venues, museums, movie theaters, and other such entities that had to close their doors due to the COVID-19 pandemic.

Details: As advocated by ICBA, entities that apply for a Paycheck Protection Program loan after Dec. 27, 2020, may also apply for SVOG grants. PPP loan amounts will be deducted from the grants.