Shuttered Venue Operator Grant applications open April 8 - Spidell

Shuttered Venue Operator Grant applications open April 8


The SBA will begin taking applications for the Shuttered Venue Operator Grants on April 8, 2021.

These grants are available to live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theatre operators, and talent representatives that were in operation as of February 29, 2020.

For an eligible entity in operation on January 1, 2019, the grant is equal to the lesser of:

  • 45% of their 2019 gross earned revenue; or
  • $10 million.

For an eligible entity that began operation after January 1, 2019, the grant is equal to the lesser of:

  • The entity’s average monthly gross earned revenue for each full month they were in operation during 2019 multiplied by six; or
  • $10 million.

As a result of changes made by the American Rescue Plan Act, applicants that received PPP loans may now apply for the grants, but the grant amounts will be reduced by the amount of any PPP loans received.

Additional information regarding the program is available at:

www.sba.gov/funding-programs/loans/covid-19-relief-options/shuttered-venue-operators-grant#section-header-0