Shuttered Venue Operator Grants - Update!

By Laurie Baskin posted 02-19-2021 11:54

  

SBA has updated their website regarding the priority periods, and it appears to be good news: (I've added the underline):

www.sba.gov/funding-programs/loans/...

First Priority

1st 14 days of grant awards

Entities that suffered a 90% or greater earned revenue loss between April 2020 through December 2020 due to the COVID-19 pandemic.

Second Priority

Next 14 days of grant awards

Entities that suffered a 70% or greater earned revenue loss between April 2020 through December 2020 due to the COVID-19 pandemic.

Third Priority

Beginning 28 days after First & Second Priority Awards are made

Entities that suffered a 25% or greater earned revenue loss between one quarter of 2019 and the corresponding quarter of 2020.

 
Please know that the SVOG page does keep changing so this news may not be final. But, it appears to be very encouraging.


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