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Support for Entertainment Industry: Grants and Loans for Venue Operators.

The BRAVO Act aims to make it easier for entertainment venue operators, such as theaters and concert halls, to receive financial aid. It allows them to simultaneously access grants for shuttered venues and Paycheck Protection Program loans, helping them navigate challenging times. It's crucial that grant funds are used for purposes distinct from those covered by loans, preventing double funding of the same expenses.
Key points
Allows entertainment venue operators to receive both shuttered venue grants and Paycheck Protection Program loans concurrently.
Ensures grant and loan funds are used for different purposes to avoid double funding.
Aims to provide financial support for the entertainment industry affected by the pandemic.
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Additional Information
BRAVO Act
Print number: HR 1757
Sponsor: Rep. Maloney, Sean Patrick [D-NY-18]
Process start date: 2021-03-10