The amendment also adds another $1.25 billion to the Shuttered Venue Operators Grant for allocation and funding the Small Business Administration.
If passed as part of President Joe Biden's COVID-19 relief package, the rule change would amend the venue aid package signed into law in late December, barring venues planning to apply for the SVOG from also applying for a second round of PPP funds. The decision to either wait for SVOG applications to open or apply for the PPP2 money -- the deadline is March 31 -- weighed heavily on independent venues that have been closed for a whole year.
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