The Capitol in Washington, DC. (Photo by Samuel Corum/Getty Images)
Arts organizations are breathing a small sigh of relief about not being forgotten in the $900 billion emergency spending bill passed by US Congress, which now goes to President Trump for his signature.
No one knows yet what the distribution of funds will look like, nor how much support individual organizations will actually get. But the relief agreement, the advocacy group said, “is expected to include more than $284 billion for first and second Paycheck Protection Program (PPP) forgivable loans targeting small nonprofits, including museums, with significant economic loss.”
In what AAM deemed “a major win for museums,” the small business provisions are also expected to include $15 billion in dedicated grants for shuttered-venue operators, which includes museums as well as Broadway theaters and music clubs.
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