Front and Center: Latest SVO Grant Numbers (UPDATED)

Proskauer Rose LLP

The SBA is currently reviewing SVO Grant applications and issuing awards. As of July 19, 2021, the SBA had made decisions on 95% of all applications. SVO Grant program reports, which detail the number of applications submitted and awards granted, and lists of SVO Grant recipients are available at SBA.gov.

Latest SVO Grant Statistics:
(as of midday July 19, 2021)

Applications Submitted

  • 15,209 SVO Grant applications submitted
    • New (SBA has not yet begun review): 91
    • In review (SBA is actively reviewing): 588
    • Decided (SBA has decided on eligibility but has not issued a notice of award/decline yet): 4,510
    • Awarded (notice of award issued): 8,967
    • Declined (notice of decline issued): 1,052
  • $11.9 billion in funding requested

Awards Granted

  • 8,967 SVO Grants awarded
    • 3,120 – Live Venue Operators or Promoters
    • 2,516 – Live Performing Arts Organization Operators
    • 948 – Talent Representatives
    • 1,160 – Motion Picture Theatre Operators
    • 558 – Museum Operators
    • 665 – Theatrical Producers
  • $6.8 billion in funding awarded
  • Average SVO Grant awarded: $757,000.

For more information on the SVO Grant program, please visit Front and Center: SVO Grants though the SBA.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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