Grants for Shuttered Venue Operators

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A recently passed relief bill will provide $15 billion in federal funding toward grants for “shuttered venue operators,” making funding available to an industry that has been particularly impacted during the COVID-19 pandemic.

The U.S. Congress passed on December 22, 2020 an omnibus spending bill (the December relief bill) that included significant revisions and additions to the Paycheck Protection Program (PPP) established by the Coronavirus Aid, Relief and Economic Security Act (CARES Act), and previously amended by the Paycheck Protection Program Flexibility Act (PPP Flexibility Act). President Trump signed the bill on December 27, 2020.

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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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