Pandemic Darlings The pandemic economy, in original documents
Home Source documents 2021 Shuttered Venue Operators Grant program reports (July 19, 2021)

2021 Shuttered Venue Operators Grant program reports (July 19, 2021)

Summary

A Shuttered Venue Operators Grant (SVOG) public report from the SBA's Office of Disaster Assistance, with figures as of midday July 19, 2021. It reports 15,209 applications submitted, 14,591 of them within the first 60 days, requesting $11.9bn, and 8,967 grants awarded totaling $6.8bn, with an average grant of $757K and $5.3bn disbursed. It states that the SBA has decisioned 95% of all applications and 68% 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 $3.79bn 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 19 July 2021
                                         SVOG Overview
Applications   Applications       $ Requested           # Grants            $ Grants       Avg. $ Grants              $ Grants
 Submitted      Submitted           Funding             Awarded             Awarded          Awarded                 Disbursed
               within first 60     Submitted
                   days
  15,209           14,591            $11.9bn              8,967              $6.8bn            $757K                    $5.3bn


           Submitted Applications by Stage of Review
                                  SBA has decisioned 95% 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
                    91                588              4,510              8,967            1,052
                   <1%                4%                                  95%

                                                                                                   As of Midday 19 July 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 68% 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
                      42                531              4,159              8,825            1,030
                     <1%                4%                29%                        68%



                                                                                                   As of Midday 19 July 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
   3,120         2,516           948              1,160          558                       665




                                                                       As of Midday 19 July 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      $9,785,607       32        IL      $276,503,698     336       NE      $51,293,027                  69
AL      $36,439,488      70        IN      $83,577,103      126       NH      $22,934,886                  50
AR      $35,570,557      55        KS      $40,447,749      79        NJ      $106,414,650                 184
AZ      $154,464,502     143       KY      $40,409,038      82        NM      $41,692,675                  69
CA      $959,876,825     1241      LA      $103,129,228     109       NV      $111,112,862                 151
CO      $140,828,944     213       MA      $194,408,323     244       ny      $1,088,117,535               1044
CT      $88,380,425      121       MD      $115,708,004     110       OH      $202,229,806                 280
DC      $45,015,269      63        ME      $46,106,397      76        OK      $50,285,291                  79
DE      $11,338,369      28        MI      $155,901,752     206       OR      $97,306,180                  190
FL      $377,253,704     483       MN      $151,489,438     191       PA      $207,434,712                 320
GA      $103,887,567     197       MO      $129,274,744     165       PR      $3,772,853                   25
GU      $753,950         6         MS      $9,645,791       33        RI      $11,490,461                  37
HI      $94,284,382      64        MT      $11,710,752      49        SC      $41,981,787                  77
IA      $37,958,594      105       NC      $139,477,344     223       SD      $8,726,790                   26
                                                                               As of Midday 19 July 2021          5
ID      $21,327,145      38        ND      $15,784,608      23
SVOG Awards by State

State   Total $ Grants   Total #
        Awarded          Grants
                         Awarded

TN      $145,497,268     213
TX      $433,812,982     452
UT      $80,801,588      86
VA      $97,339,587      160
Vt      $16,457,334      52
WA      $159,919,083     258
WI      $133,987,129     181
WV      $23,029,909      30
WY      $17,495,144      23



                                   As of Midday 19 July 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     2,949             1,957            4,061




                                                     As of Midday 19 July 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
          5,867         2,304            384              357       55




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                       $3.79bn



                                                                         As of Midday 19 July 2021   8


File and source

File
2021-07_SVOG-Public-Report-Midday-July-19-2021-508.pdf
Size
237,118 bytes
SHA-256
a029a11463ea305ffc54c0f0bcd419c9862807d135b8a0272d12c228fe98990d
Our copy
2021-07_SVOG-Public-Report-Midday-July-19-2021-508.pdf
Original
www.sba.gov
Back to top