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SBA’s Oversight of Shuttered Venue Operators Grant Recipients

Audit · Small Business Administration OIG · 2025-07-22 · about Small Business Administration

Report

Title
SBA’s Oversight of Shuttered Venue Operators Grant Recipients
Submitting OIG
Small Business Administration OIG
Component agency
Small Business Administration
Type
Audit
Publication date
2025-07-22

Summary

The Office of Inspector General (OIG) is issuing this report to present the results of our audit of SBA’s Oversight of Shuttered Venue Operators Grant (SVOG) Recipients. The SVOG program was established on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act. In total, Congress provided $16.25 billion for the U.S. Small Business Administration (SBA) to award grants to eligible businesses in the live arts and entertainment industry.

Recommendations (6)

#StatusText
1OpenEstablish an appeals process and promptly finalize recovery procedures to include updating the demand letter to provide sufficient recovery and appeals process guidance to grant recipients.
2OpenTake immediate action to review the 380 recipients who program officials identified as having a potential improper payment and recover funds.
3OpenEnsure program officials enforce the established tier-based process timeline for the 438 recipients who have not responded to SBA’s information requests.
4OpenFollow-up with 347 recipients who did not submit their required documents to initiate closeout and take action to recover funds, where necessary.
5OpenEstablish and implement timeframes for each closeout activity.
6OpenReport on the limitations of survey data used to calculate the percentage of recipients that continued or reopened operations in SBA’s next update of the Congressional Budget Justification and Annual Performance Report.

Source

Authoritative
oversight.gov report page
Machine
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