Pandemic Darlings The pandemic economy, in original documents
Home Source documents 2021 Shuttered Venue Operators Grant program reports (August 9, 2021)

2021 Shuttered Venue Operators Grant program reports (August 9, 2021)

Summary

A Shuttered Venue Operators Grant (SVOG) public report from the SBA's Office of Disaster Assistance, with figures as of midday August 9, 2021. It reports 15,872 applications submitted, 14,591 of them within the first 60 days, requesting $12.3bn, and 10,826 grants awarded totaling $8.4bn, with an average grant of $779K and $7.9bn disbursed. It states that the SBA has decisioned 98% of all applications and 91% 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 $4.83 bn went to businesses employing not more than 50 full-time employees.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Shuttered Venue Operators Grant
         Public Report
       Office of Disaster Assistance
        As of Midday 9 August 2021
                                         SVOG Overview
Applications   Applications        $ Requested          # Grants            $ Grants        Avg. Grants               $ Grants
 Submitted      Submitted            Funding            Awarded             Awarded          Awarded                 Disbursed
               within first 60      Submitted
                   days
  15,872           14,591            $12.3bn             10,826              $8.4bn            $779K                   $7.9bn


           Submitted Applications by Stage of Review
                                  SBA has decisioned 98% 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
                    47                286              1,449             10,826            3,264
                   <1%               1.8%                                 98%

                                                                                                   As of Midday 9 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 91% 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
                       4                264              1,085             10,368            2,870
                     <1%               1.8%               7%                         91%



                                                                                                   As of Midday 9 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
   3,867         2,908          1,176             1,403          682                      790




                                                                       As of Midday 9 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            10,571,983          34      IL           350,436,256        414   NE              58,790,614                       83
AL            50,862,223          92      IN            98,620,030        153   NH              27,694,158                       54
AR            42,237,712          65      KS            48,328,193         96   NJ            121,703,053                   214
AZ           179,546,670         169      KY            63,758,337         99   NM              44,408,930                       81
CA          1,272,332,943       1567      LA           115,944,946        146   NV            149,180,154                   180
CO           158,141,832         243      MA           246,280,961        290   NY          1,242,763,423                   1233
CT           102,200,700         138      MD           149,535,627        149   OH            242,517,044                   328
DC            49,986,235          70      ME            47,844,047         86   OK              58,346,624                       94
DE            13,430,107          31      MI           188,126,837        240   OR            135,222,295                   234
FL           494,713,141         592      MN           175,245,854        222   PA            248,934,985                   369
GA           123,242,764         246      MO           152,136,434        201   PR                5,043,132                      31
GU               799,516              8   MS            12,679,359         39   RI              12,866,640                       44
HI           110,385,350          73      MT            12,083,604         54   SC              50,524,132                       96
IA            44,537,396         115      NC           161,227,501        278   SD              11,574,137                       34
                                                                                          As of Midday 9 August 2021         5
ID            22,338,081          43      ND            19,135,358         31
SVOG Awards by State
State   Total $ Grants     Total #
        Awarded            Grants
                           Awarded

TN           238,105,173             262

TX           606,277,913             579

UT           115,484,427             104

VA           136,422,938             200

VI               148,886              2

VT            18,784,874             59

WA           195,335,829             293

WI           142,426,403             205

WV            29,469,506             36

WY            19,915,562             27


                                           As of Midday 9 August 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     3,556             2,333            4,937




                                                     As of Midday 9 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
          6,987         2,857            467              434       81




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                      $4.83 bn



                                                                         As of Midday 9 August 2021   8


File and source

File
2021-08_SVOG-Public-Report-Midday-Aug-9-2021-508.pdf
Size
238,332 bytes
SHA-256
7740a60a03b7fc69c87f2f1bca3c7ae1a8c293573086b47a15726c1b0761203c
Our copy
2021-08_SVOG-Public-Report-Midday-Aug-9-2021-508.pdf
Original
www.sba.gov
Back to top