SVOG Update – Supplemental Grant Delays, Monitoring Details, & Reconsideration 2.0

The U.S. Small Business Administration shut down initial applications for the $16 billion shuttered venue operators grant (SVOG) program on August 20, 2021. While some venues have been notified of approval of supplemental grants through the program’s portal, it appears that the influx of last-minute applications and the appeal process have significantly delayed the distribution of supplemental funds. This article provides an update on the program.