SVOG Supplemental Grants to Begin Shortly

BKD CPAs & Advisors shares the latest updates regarding the shuttered venue operators grant (SVOG)

The U.S. Small Business Administration (SBA) is opening the $16 billion shuttered venue operators grant (SVOG) program for supplemental SVOGs for 50 percent of the original award amount, capped at a total of $10 million (initial and supplemental combined). As of August 23, 2021, requests were submitted totaling $13.3 billion, indicating that up to $2.7 billion may be available for supplemental awards. This article provides details on supplemental grant eligibility.

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