New applications will be accepted until 𝟭𝟭:𝟱𝟵 𝗽.𝗺. 𝗣𝗧 𝗼𝗻 𝗙𝗿𝗶𝗱𝗮𝘆, 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬. The SVOG program has so far awarded $8.4 billion in grants to more than 10,800 businesses to assist in getting the nation’s cultural institutions, which are critical to the economy and were among the first to shutter, #BackOnTrack.
While the application portal will close to new applicants, SBA will continue delivering economic aid to help venues recover by providing critical relief through the supplemental awards program. Later this month, SBA will open the program for supplemental SVOGs for 50% of the original award amount, capped at a total of $10 million (initial and supplemental combined). Details will be announced at a later date.
Additionally, SBA is currently accepting, by invitation, applications for reconsideration of award amounts and appeals. This gives applicants a chance to prove their eligibility and reverse a prior decision. Should the need arise, the SBA may reopen the portal or make other adjustments to best meet the needs of small businesses.
📱 For SVOG technical assistance, call the Disaster Assistance Customer Service Center at 1-800-659-2955 or, for the deaf and hard-of-hearing, at 1-800-877-8339.
🔎 For individual guidance on SVOG applications, reach out SCORE Mentors, America’s SBDC, AWBC, Veterans Business Outreach Center or other SBA resource partner near you: https://lnkd.in/daGxYnS
🔗 Learn more about COVID19 relief options for small businesses: https://www.sba.gov/relief