A federal grants program for entertainment venues closed during the pandemic may be days away from re-opening after technical issues shut it down last week, a Small Business Administration official told Bloomberg Tax.
The $16.2 billion program’s problems come just as some states are lifting pandemic-related capacity restrictions and warmer weather arrives. Some venues, like the Los Angeles cinemas icon ArcLight Cinemas and Pacific Theatres, announced this week they won’t be reopening locations.
The Small Business Administration closed the Shuttered Venue Operators Grant (SVOG) program about four hours after it opened on April 8 after technical issues from the agency’s ...