, which distributes the funds, has finally begun to make progress on notifying venues that they will be receiving emergency relief.
Earlier this month multiple government officials and Congresspeople, including Senators Amy Klobuchar and John Cornyn, who authored the bipartisan “Save Our Stages” act,, both publicly and behind the scenes, leading a bipartisan letter along with Senate Majority Leader Chuck Schumer and the majority of legislators in the Senate.
According to an SBA document dated Monday, 14,416 businesses had submitted applications; of those, according to Thursday’s call, 1,794 have been approved; 1,082 queued for award; 104 have been declined; 800 are queued for decline; 774 are queued for technical correction and 734 remain to be sorted for either decline or technical correction. Not all of those businesses are concert venues, although the majority are.
Award recipients thus far include promoter Nederlander Concerts, which received $10 million; Nashville promoter Outback Presents ; festival producer Danny Wimmer Presents ; Colorado agency Madison House, ; and the Lodge Room in Los Angeles’ Highland Park neighborhood , according to a recent report in. Also, Southern California venue owner Lance Sterling of Sterling Venue Ventures received an award notice of more than $7 million on Friday .
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »