says it submitted 11,500 applications for federal aid from independent venues and theaters last week, and expects to begin sending out payments next week, according to a statement from an SBA rep. The total is up approximately 1,200 from last week.
Indie venues have been struggling to keep afloat since the pandemic began more than 14 months ago, and although the $16 billion Save Our Stages act was passed into law on Dec. 27, they have received no aid thus far, due to problems with the SBA website and other complications. “It is expected SVOG Priority 1 awards will begin next week and, per the statute, continue for 14 days,” the rep says. “Following them, the SBA will progress on to processing Priority 2 awards, per fund availability.” By that estimate, Priority 2 would begin receiving funds in mid-June, and Priority 3 in late June or July. : “This emergency relief can’t come soon enough for those on the precipice of going under. We’ll be very grateful when the money is distributed as Congress intended.
It took eight months of intense lobbying to get Save Our Stages passed, then another four months for the Small Business Administration to launch its Shuttered Venues Operators Grant website, through which venues must apply for federal aid — it immediately crashed, and was relaunched two and a half weeks later, after
s, particularly those who sponsored or supported Save Our Stages, called for a quick reopening. When the site finally opened, it received more than 17,000 applications in the first 24 hours.
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