5 Things to Know About the Shuttered Venue Operators Grant (SVOG)


5 Things to Know About the Shuttered Venue Operators Grant (SVOG)

Shuttered Venue Operators Grant Application Opens Today at 11 am CDT

1. The SBA will begin accepting applications today.

Today the SBA will open the Shuttered Venue Operators Grant (SVOG) application portal for the much-anticipated critical economic relief program.

Visit SVOG portal

2. Prospective applicants can view the recorded informational webinar.

On March 30th, the SBA hosted a national informational webinar to highlight the application process for potential eligible entities. The recorded webinar is available for viewing.

Watch Webinar

3. You can now receive both a PPP and SVOG.

To ensure eligible venues do not miss a window to receive assistance through the Paycheck Protection Program (PPP), the American Rescue Plan Act also amended the SVOG program so 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.

More on relief programs

4. There are several tools available to help you prepare.

The SBA has created several tools and resources to help potential SVOG applicants prepare. These include the following:

All info about SVOG

5. Local partners can provide technical assistance.

The SBA Resource Partner Network provides advising and counseling services to help organizations prepare for funding opportunities like the SVOG, PPP, and other business recovery needs.