WASHINGTON, D.C. — The Small Business Administration is putting the finishing touches on a relief program for entertainment venues shutdown by the pandemic.
The package signed by President Trump last December provides $15 billion in relief for concert venues, museums, movie theaters and other entertainment businesses.
Eligible applicants could receive up to 45% of the business’s gross earned revenue with a single grant limit of $10 million.
The aid is aimed at mostly small businesses and non-profits that don’t receive federal funding.
The SBA isn’t accepting applications yet, but has released tools to help businesses prepare to apply.