SBA Wrongly Denied Concert Promoter $5 Million Covid-19 Grant

The Small Business Administration must reconsider its denial of a grant to a company that helps mount concert tours under a program to provide assistance to small businesses during the Covid-19 pandemic.

The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act appropriated over $15 billion to the SBA to disburse “Shuttered Venue Operators Grants” to small businesses impacted by the pandemic.

The SBA incorrectly applied the act to Concert Investor Inc.—a company that has worked with artists, such as Twenty One Pilots, Little Big Town, and O.A.R.—by misreading its language and ignoring several types of evidence, the US …

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