Jem Aswad-Senior pandemic awards Music Jem Aswad-Senior

SBA Has Awarded $7.6 Billion of $16 Billion in #SaveOurStages Relief, Many Indie Venues Still Waiting

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variety.com

Jem Aswad Senior Music EditorAccording to figures released Monday, the Small Business Adminstration has awarded $7.5 billion of the $16 billion in #SaveOurStages federal relief to independent venues that was signed into law late in December, of which $6.3 billion has been paid out.While the SBA has done a solid job of moving things forward after six months of disastrous bureaucratic delays — which saw just 100 venues receiving funds as of June 10, resulting in the permanent closure of many other cash-strapped establishments — there is still a long way to go, and many venues say they still have not received a response from the SBA.Known as Small Venue Operators Grants (SVOG), the program has moved relatively quickly since it was placed.

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