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Saturday, October 5, 2024

ARKANSAS HOSPITALITY ASSOCIATION: SBA Announces Plan to Open Supplemental Grants for Shuttered Venue Operators Grant Applicants

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Arkansas Hospitality Association issued the following announcement on Aug. 12.

After making much-needed improvements to the Shuttered Venue Operators Grant program, we’ve made swift progress getting more than $8 billion in funds into the hands of more than 10,800 performing arts venues and other related businesses – two-thirds of which employ less than 10 employees. These small businesses suffered disproportionate impacts from the pandemic and were often left out of early rounds of relief.

However, we also know so many small businesses continue to struggle. That’s why, as this program nears the finish line, we’re providing additional funding options for our hardest-hit venues through our supplemental awards program, which will provide another critical lifeline to ensure businesses can reopen and stay open.

Original source can be found here.

Source: Arkansas Hospitality Association

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