Shuttered Venue Operators Grant or PPP? Issues for Live Entertainment Venues

The Small Business Association (SBA) issued guidance on Jan. 27, 2021 regarding the Shuttered Venue Operators Grant (SVOG), a grant program for struggling live, in-person industries, that was established in the recent stimulus package. While the SBA is still working on creating the application portal and not yet accepting applications, eligible entities should weigh their options in determining whether to apply for the SVOG or to apply for a Paycheck Protection Program loan (PPP)....
By: Bond Schoeneck & King PLLC

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