The SBA has launched a notification system for the forthcoming Shuttered Venue Operators Grant portal, which is now scheduled to open on Thursday, April 8. You are encouraged to review the latest FAQs (released 3-22-2021), and if you think you are going to apply take these next steps immediately:
In addition, register now for the SBA’s national webinar on SVOG that will take place on Tues., March 30, 2021 @ 2:30 – 4:00pm ET. You can also reference the recent webinar by Americans for the Arts and the Arts Action Fund covering major components of the American Rescue Plan Act of 2021, including SVOG, PPP, and more.
Payroll Protection Program (PPP) Updates & Forms:
The SBA has updated all their PPP Loan Forms now to accommodate the Self-employed Schedule C filers as well as updated the certification language regarding SVOG on all PPP loan applications. It will take a few days for lenders to catch up with the update while SBA notifies them and updates their own lender portal over the weekend, but be reminded that the deadline for PPP applications is Wednesday, March 31st.