SVOG Application Portal Launch

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Montana District Office  

u s small business administration

Launch of the SVOG application portal

shuttered venues operators grant

Good afternoon Montana-

Per the attached news release, today the SBA is launching the SVOG application portal.

  • Prior to the official SVOG application opening, the SBA is hosting a national informational webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET on Tuesday, March 30, 2021.
  • To prepare in advance of the SVOG application portal opening on April 8, potential applicants should:
  • In total, the Shuttered Venue Operators Grant program has been appropriated $16.25 billion, with $16 billion allocated to direct grants.
  • The American Rescue Plan Act amended the SVOG program to allow all entities that apply for a PPP loan on or after Dec. 27, 2020. to be eligible to apply for an SVOG. PPP loan applications were updated on March 18 to reflect this.
    • If awarded a PPP loan and an SVOG, the eligible entity’s SVOG will be reduced by their total PPP loan amount.
    • Also, the PPP must be approved prior to the SVOG.
  • The SBA is maintaining  a dedicated website – www.sba.gov/SVOGrant -- for the most current information regarding this program and its application opening on April 8.

Have a great weekend.

Take care,

- Brent.

 

Brent E. Donnelly

District Director – Montana

U.S. Small Business Administration

10 West 15th Street - 1100

Helena, MT  59626

Desk: 406-441-1083

Mobile: 406-439-7613

www.sba.gov

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