Small Business Taxes & ManagementTM--Copyright 2021, A/N Group, Inc.
Note. Updated for change in lauch date to Monday, April 26.
The SBA has announced that it has completed rigorous testing of the site and will reopen the Shuttered Venue Operators Grant (SVOG) portal for applications on Saturday, April 24 at 12:00 PM ET. Eligible applicants may qualify for grants equal to 45 percent of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees. For more information and to apply, go to Shuttered Venue Operators Grant at the SBA site. In addition the site contains user guide and tutorieals for assistance in applying. It is suggested applicants review the available help to understand what documentation is needed.
There is a priority schedule and the total funds available are limited. Entities that qualify should apply as soon as their tranche opens up.
Copyright 2021 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536
--Last Update 04/24/21