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Delaware Business Now
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A Wilmington movie theater received the most funds, according to a Small Business Administration database of recipients of The Shuttered Venue Operators Grant.
Penn Cinema Riverfront, Wilmington, received $2.5 million, followed by Atlantic Theaters, located near Rehoboth Beach, which received $1.97 million.
The program includes over $16 billion in grants to shuttered venues, administered by SBA’s Office of Disaster Assistance.
Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.