WebThe American Rescue Plan Act provides $16 billion in grants to shuttered venues, to be administered directly by the SBA’s Office of Disaster Assistance. ... Interaction with PPP loans and other grant programs. Initially, entities that had applied for a first- or second-draw Paycheck Protection Program ... WebMay 25, 2024 · Businesses can now apply for a PPP loan and a Shuttered Venue grant. • Restaurant Revitalization Fund — Dining establishments have been particularly hard hit by the pandemic. To aid in the industry’s recovery, the ARP established the $28.6 billion Restaurant Revitalization Fund, which offers direct grants to restaurants and other …
Which COVID-19 Loans Are Forgivable and How To Get Your Loan …
WebJun 21, 2024 · But the technical difficulties have been worked out, and the site started taking applications on April 24, 2024. More than 14,000 venues have already applied, according to a June 14 report from the SBA, with 411 grants approved. Only $304.2 million of the $16 billion has been awarded, so if you have a shuttered live arts venue, it’s ... WebApr 14, 2024 · April 14, 2024 M.D. Kittle. Subsidiaries of behemoth concert promoter Live Nation Entertainment received $20 million in federal COVID grants that they were not entitled to, according to a Wisconsin Daily Star review of documents. Madison-based Frank Productions Concerts, LLC and National Shows 2, LLC of Delaware, each received $10 … cane toad facts invasive
COVID-19 Relief Act Provides Grants for Shuttered Venue Operators
WebSep 3, 2024 · September 3, 2024. Venues that were forced to keep their doors shuttered during the pandemic are finally receiving much-needed financial relief. Recently, the Small Business Administration (“SBA”) began awarding the $16 billion Shuttered Venue Operators Grants (“SVOG”), providing qualified venues with grants up to $10 million. WebSep 22, 2024 · The Shuttered Venue Operators Grant, or SVOG, included over $16 billion in grants available to venues that had to close because of the pandemic. It was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. These businesses, many of whom have fewer than 10 … WebApr 5, 2024 · Yes. If your organization already was approved for a PPP loan before December 27, 2024, you can also apply for a Shuttered Venue Operator (SVO) grant. However, if you applied for a PPP loan (First Draw or Second Draw) on or after December 27, 2024, you cannot apply for an SVO grant unless your PPP loan application is declined. cane toad golf