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2021 Shuttered Venue Operators Grant program reports (August 17, 2021)

Summary

A Shuttered Venue Operators Grant (SVOG) public report from the SBA's Office of Disaster Assistance, with figures as of midday August 17, 2021. It reports 16,222 applications submitted, 14,591 of them within the first 60 days, requesting $12.5bn, and 11,063 grants awarded totaling $8.7bn, with an average grant of $788K and $8.2bn disbursed. It states that the SBA has decisioned 97% of all applications and will decide all 14,591 first-60-day applications before issuing supplemental awards. Tables break down awards by venue type, by state and territory, by priority period and by business size, and the report states that $4.97 bn went to businesses employing not more than 50 full-time employees.

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Full text

Shuttered Venue Operators Grant
         Public Report
       Office of Disaster Assistance
        As of Midday 17 August 2021
                                         SVOG Overview
Applications   Applications        $ Requested          # Grants            $ Grants        Avg. Grants               $ Grants
 Submitted      Submitted            Funding            Awarded             Awarded          Awarded                 Disbursed
               within first 60      Submitted
                   days
  16,222           14,591            $12.5bn             11,063              $8.7bn            $788K                   $8.2bn


           Submitted Applications by Stage of Review
                                  SBA has decisioned 97% of all applications

                    New           In Review         Decisioned          Awarded          Declined
               SBA has not yet   SBA is actively    SBA has come      Notice of award     Notice of
                begun review      working on       to a decision on       issued        decline issued
                                    review             eligibility
                    199               353              1,118             11,063            3,489
                    1%                2%                                  97%

                                                                                                   As of Midday 17 August 2021   2
        Applications Submitted Within the First 60 Days
SBA will issue decisions (award or decline) for all 14,591 applications that arrived within the first 60
      days after the application portal opened prior to issuing SVOG supplemental awards


                                         Stage of Review
            SBA has issued decisions for 93% of all applicants who applied within the first 60-days

                      New           In Review         Decisioned          Awarded          Declined
                 SBA has not yet   SBA is actively    SBA has come      Notice of award     Notice of
                  begun review      working on       to a decision on       issued        decline issued
                                      review             eligibility
                       0                274               804              10,516            2,997
                      0%                2%                5%                         93%



                                                                                                   As of Midday 17 August 2021   3
                    SVOG Awards by Venue Type


 Live Venue       Live          Talent        Motion Picture   Museum               Theatrical
Operators or   Performing   Representatives      Theater       Operators            Producers
 Promoters      Arts Org.                      Operators
               Operators
   3,963         2,962          1,194             1,432          700                      812




                                                                       As of Midday 17 August 2021   4
                                           SVOG Awards by State
State   Total $ Grants       Total #       State   Total $ Grants        Total #    State   Total $ Grants              Total #
        Awarded              Grants                Awarded               Grants             Awarded                     Grants
                             Awarded                                     Awarded                                        Awarded
AK          $10,630,137.56         35      IL          $367,164,158.51        423   NE            $58,790,614.04                  83
AL          $50,954,357.30         94      IN           $98,747,549.32        154   NH            $27,710,081.09                  55
AR          $42,526,994.37         67      KS           $48,382,233.70         97   NJ          $138,426,408.05               224
AZ         $190,435,096.34        176      KY           $66,957,405.21        102   NM            $45,426,354.44                  85
CA       $1,291,114,566.64       1596      LA          $122,565,368.78        147   NV          $149,471,681.90               181
CO         $162,687,504.56        247      MA          $248,373,006.43        298   NY        $1,309,263,186.96              1267
CT         $102,281,751.54        140      MD          $149,608,574.69        150   OH          $246,196,628.78               337
DC          $49,986,236.66         70      ME           $47,844,047.01         86   OK            $58,346,624.15                  94
DE          $15,824,096.66         33      MI          $190,537,877.58        243   OR          $135,712,660.73              236
FL         $526,570,173.84        615      MN          $176,794,576.85        226   PA          $262,407,672.20              380
GA         $132,164,125.15        254      MO          $152,515,108.26        203   PR             $5,896,521.06                  32
GU             $799,516.11             8   MS           $14,593,705.94         41   RI            $22,378,543.97                  46
HI         $110,915,622.30         73      MT           $12,083,603.58         54   SC            $50,452,365.92                  98
IA          $54,020,576.00        118      NC          $163,987,989.01        281   SD            $11,574,137.43                  34
ID                                         ND           $19,135,358.13         31             As of Midday 17 August 2021     5
            $22,338,080.68         43
SVOG Awards by State
State   Total $ Grants      Total #
        Awarded             Grants
                            Awarded

TN        $241,629,197.75             267

TX        $622,259,908.53             600

UT        $116,008,466.78             105

VA        $136,457,482.28             200

VI            $148,885.92               2

VT         $18,784,874.01              59

WA        $196,346,716.94             297

WI        $168,499,319.17             213

WV         $29,469,505.86              36

WY         $19,915,562.32              27



                                            As of Midday 17 August 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     3,642             2,386            5,035




                                                     As of Midday 17 August 2021   7
SVOG Awards by Business Size and Small Business Set Aside

         Awards by Business Size
        10 or Fewer     11-50          51-100          101-500   More than
                                                                   500
          7,121         2,921            486              450       85




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                      $4.97 bn



                                                                         As of Midday 17 August 2021   8


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2021-08_SVOG-Public-Report-Midday-Aug-17-2021-508.pdf
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Our copy
2021-08_SVOG-Public-Report-Midday-Aug-17-2021-508.pdf
Original
www.sba.gov
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