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2021 Shuttered Venue Operators Grant program reports (August 2, 2021)

Summary

A Shuttered Venue Operators Grant (SVOG) public report from the SBA's Office of Disaster Assistance, with figures as of midday August 2, 2021. It reports 15,707 applications submitted, 14,591 of them within the first 60 days, requesting $12.1bn, and 10,448 grants awarded totaling $8.1bn, with an average grant of $772K and $6.9bn disbursed. It states that the SBA has decisioned 97% of all applications and 88% of those who applied within the first 60 days. Tables break down awards by venue type, by state and territory, by priority period and by business size, and the report states that $4.61 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 2 August 2021
                                         SVOG Overview
Applications   Applications        $ Requested          # Grants            $ Grants        Avg. Grants               $ Grants
 Submitted      Submitted            Funding            Awarded             Awarded          Awarded                 Disbursed
               within first 60      Submitted
                   days
  15,707           14,591            $12.1bn             10,448              $8.1bn            $772K                   $6.9bn


           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
                    98                485              1,632             10,448            3,044
                   <1%                3%                                  97%

                                                                                                   As of Midday 2 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 beginning SVOG supplemental awards


                                         Stage of Review
            SBA has issued decisions for 88% 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
                       6                340              1,388             10,136            2,721
                     <1%                2%                10%                        88%



                                                                                                   As of Midday 2 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
   3,732         2,834          1,131             1,367          658                      766




                                                                       As of Midday 2 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         10,571,982.71    34        IL        341,932,275.85   405       NE         58,234,102.69               81
AL         49,675,033.88    88        IN         97,186,779.55   147       NH         25,132,453.16               53
AR         42,237,712.44    65        KS         45,872,461.27   94        NJ        119,762,362.74               206
AZ        176,164,885.66    167       KY         54,678,855.37   98        NM         43,127,128.30               76
CA       1,217,326,897.08   1521      LA        116,231,306.06   142       NV        135,202,055.58               174
CO        157,393,034.16    238       MA        225,105,257.65   282       NY       1,215,069,274.06              1202
CT         99,734,712.44    134       MD        144,703,029.94   142       OH        228,750,608.78               318
DC         46,061,675.69    68        ME         47,637,059.56   85        OK         57,597,829.40               93
DE         13,430,107.42    31        MI        196,006,178.32   237       OR        134,115,510.66               229
FL        474,698,206.57    576       MN        173,135,904.65   216       PA        238,497,792.44               362
GA        120,316,662.67    240       MO        144,933,762.21   198       PR            4,760,258.81             32
GU             849,466.11   9         MS         12,679,359.47   39        RI         12,758,040.43               43
HI        109,752,382.22    72        MT         12,083,603.58   54        SC         47,719,397.37               91
IA         44,506,160.06    114       NC        159,393,950.17   272       SD         11,574,137.43               34
                                                                                     As of Midday 2 August 2021          5
ID         22,189,301.68    42        ND         19,135,358.12   31
SVOG Awards by State
State   Total $ Grants     Total #
        Awarded            Grants
                           Awarded

TN        225,303,827.86   255

TX        564,588,479.87   560

UT        101,850,262.60   102

VA        123,499,167.05   197

VI            148,885.92   2

VT         18,784,874.01   59

WA        193,466,114.19   295

WI        141,970,754.81   203

WV         27,117,804.36   35

WY         17,980,405.90   25


                                     As of Midday 2 August 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     3,441             2,270            4,777




                                                     As of Midday 2 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
          6,785         2,757            449              422       75




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                      $4.61 bn



                                                                         As of Midday 2 August 2021   8


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Original
www.sba.gov
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