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2021 Shuttered Venue Operators Grant program reports (August 23, 2021)

Summary

SBA's Shuttered Venue Operators Grant public report as of midday August 23, 2021 counts 17,643 applications seeking $13.3bn, of which 11,321 had been awarded $9.0bn, an average of $799K, with $8.4bn disbursed. SBA had issued decisions on 87% of applications, including 3,971 declines, and on 96% of the 14,591 filed in the first 60 days. NY led the states with $1,372,494,128, and businesses with no more than 50 full-time employees had received $5.19bn.

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Full text

Shuttered Venue Operators Grant
         Public Report
       Office of Disaster Assistance
        As of Midday 23 August 2021
                                         SVOG Overview
Applications   Applications        $ Requested           # Grants          $ Grants         Avg. Grants              $ Grants
 Submitted      Submitted            Funding             Awarded           Awarded           Awarded                Disbursed
               within first 60      Submitted
                   days
  17,643          14,591               $13.3bn           11,321            $9.0bn                $799K                $8.4bn


           Submitted Applications by Stage of Review
                            SBA has issued decisions on 87% of all applications

                                 New         In Review          Awarded           Declined
                         SBA has not yet    SBA is actively   Notice of award     Notice of
                          begun review       working on           issued        decline issued
                                               review
                             1,288               1,063            11,321            3,971
                                 7%               6%                        87%

                                                                                                  As of Midday 23 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 96% of all applicants who applied within the first 60-days

                             New             In Review          Awarded          Declined
                         SBA has not yet    SBA is actively   Notice of award     Notice of
                          begun review       working on           issued        decline issued
                                               review
                               0                 561             10,693            3,337
                              0%                 4%                        96%



                                                                                                 As of Midday 23 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
   4,072         3,002          1,217             1,480          712                      838




                                                                       As of Midday 23 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            10,637,408          36      IL           372,159,269        434   NE              58,790,614                    83
AL            49,326,298          95      IN            99,842,711        158   NH              27,710,081                    55
AR            42,603,908          68      KS            48,540,151         99   NJ            142,430,860                229
AZ           193,895,146         177      KY            66,982,388        104   NM              45,591,852                    87
CA          1,318,765,247       1630      LA           122,539,915        147   NV            160,430,131                186
CO           165,379,365         251      MA           250,609,494        300   NY          1,372,494,128                1297
CT           102,281,752         140      MD           150,649,169        155   OH            258,207,080                344
DC            49,986,237          70      ME            47,844,047         86   OK              59,122,790                    95
DE            18,751,097          34      MI           218,213,357        252   OR            138,349,304                240
FL           569,067,090         633      MN           177,933,806        230   PA            269,643,895                389
GA           148,440,745         265      MO           154,785,535        207   PR                6,389,036                   35
GU               799,516              8   MS            14,593,706         41   RI              22,750,268                    47
HI           111,749,697          75      MT            13,295,604         55   SC              52,297,060               100
IA            54,532,502         120      NC           170,540,625        291   SD              12,198,778                    35
                                                                                          As of Midday 23 August 2021     5
ID            25,954,102          46      ND            19,135,358         31
SVOG Awards by State
State   Total $ Grants     Total #
        Awarded            Grants
                           Awarded

TN           256,587,745             277

TX           673,600,309             628

UT           126,008,467             106

VA           136,495,000             201

VI               148,886              2

VT            19,878,744             60

WA           200,475,478             305

WI           169,948,402             218

WV            30,118,123             37

WY            19,915,562             27


                                           As of Midday 23 August 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     3,765             2,440            5,116




                                                     As of Midday 23 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
          7,268         2,996            499              465       93




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                      $5.19 bn



                                                                         As of Midday 23 August 2021   8


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2021-08_SVOG-Public-Report-Midday-Aug-23-2021_KF-508.pdf
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www.sba.gov
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