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2021 Shuttered Venue Operators Grant program reports (July 26, 2021)

Summary

A Shuttered Venue Operators Grant (SVOG) public report from the SBA's Office of Disaster Assistance, with figures as of midday July 26, 2021. It reports 15,429 applications submitted, 14,591 of them within the first 60 days, requesting $12.0bn, and 9,844 grants awarded totaling $7.6bn, with an average grant of $769K and $6.3bn disbursed. It states that the SBA has decisioned 95% of all applications and 83% 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 $4.31bn 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 26 July 2021
                                         SVOG Overview
Applications   Applications       $ Requested           # Grants            $ Grants       Avg. $ Grants              $ Grants
 Submitted      Submitted           Funding             Awarded             Awarded          Awarded                 Disbursed
               within first 60     Submitted
                   days
  15,429           14,591            $12.0bn              9,844              $7.6bn            $769K                    $6.3bn


           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
                    105               732              2,030              9,844            2,718
                   <1%                4%                                  95%

                                                                                                   As of Midday 26 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 83% 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                419              2,027              9,629            2,516
                      0%                3%                14%                        83%



                                                                                                   As of Midday 26 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
   3,485         2,696          1,042             1,286          623                       712




                                                                       As of Midday 26 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      $9,889,350       33        IL      $300,062,743     368       NE      $56,229,084                    75
AL      $48,841,189      81        IN      $87,231,298      138       NH      $23,627,907                    52
AR      $41,485,949      62        KS      $45,713,155      90        NJ      $115,844,493                   195
AZ      $161,347,664     153       KY      $52,377,753      92        NM      $42,256,750                    73
CA      $1,091,900,707 1393        LA      $107,342,146     126       NV      $121,017,883                   158
CO      $155,277,393     233       MA      $215,160,154     264       NY      $1,178,984,985                 1142
CT      $97,872,025      130       MD      $129,634,616     127       OH      $221,706,621                   298
DC      $46,001,476      67        ME      $46,993,593      83        OK      $54,585,144                    87
DE      $13,367,732      30        MI      $185,035,197     226       OR      $123,737,428                   213
FL      $430,706,255     530       MN      $164,835,447     204       PA      $229,699,941                   338
GA      $110,918,685     217       MO      $140,203,140     184       PR      $4,247,936                     28
GU      $777,051         7         MS      $11,899,577      34        RI      $11,549,695                    39
HI      $101,752,534     68        MT      $12,001,886      52        SC      $47,420,584                    87
IA      $41,288,726      107       NC      $155,439,864     253       SD      $11,455,628                    32
                                                                                 As of Midday 26 July 2021          5
ID      $22,113,227      41        ND      $16,302,817      28
SVOG Awards by State

State   Total $ Grants   Total #
        Awarded          Grants
                         Awarded

TN      $188,961,706     238
TX      $507,978,305     507
UT      $101,046,704     98
VA      $107,686,705     178
VI      $92,956          1
VT      $18,555,978      58
WA      $180,685,558     277
WI      $137,352,891     193
WV      $26,608,980      33
WY      $17,495,144      23

                                   As of Midday 26 July 2021   6
SVOG Awards by Priority Period


 First Priority   Second Priority   Third Priority

     3,215             2,125            4,504




                                                     As of Midday 26 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
          6,393         2,567            421              397       66




                         Total Awarded to the Smallest of
                               the Small Businesses
                         (Businesses that employ not more than
                                50 full-time employees)
                                       $4.31bn



                                                                         As of Midday 26 July 2021   8


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