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Summary provides details about new federal Shuttered Venues Operators Grants


BKD CPAs and Advisors has published a frequently asked questions document for businesses seeking to apply for the Shuttered Venues Operators Grants program, a $15 billion relief program that was enacted by Congress in the 2021 Consolidated Appropriations Act. The program will be administered directly by the U.S. Small Business Administration; the SBA recently released an eight-page list of frequently asked questions. The BKD article summarizes the act’s original SVOG provisions and recent clarifications made by the SBA. The program applies to many types of live venue operators or promoters, theatrical producers or live performing arts organizations, motion picture theater operators and museum operators that experienced at least a 25% drop in revenues during any quarter in 2020.

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