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*February 2021: The railway announced it planned to restart its public services with regular excursion services from 12 April and other facilities opening when permitted, with previous COVID-19 safe measures continuing.
*In March 2021 the SVR's bid for a second Culture Recovery Grant failed.
*On 2 April 2021 Arts Council England awarded [[Kidderminster Railway Museum]] £19,025 through Government's Culture Recovery Fund<ref>[https://www.artscouncil.org.uk/publication/culture-recovery-fund-data Arts Council England] (retrieved 2 April 2021)</ref>.
*2021 events restarted, but with restricted numbers and fixed bookable itineraries.
*On 15 August the SVR hosted its first observation saloon experience since before the beginning of the pandemic. Footplate Experiences restarted the following month.<ref name=blsep21>[https://www.svrlive.com/blsep21 Branch Lines, September 2021]</ref>
With the intervention rate for furlough payments dropping from 1 August 2020 the SVR made up to 40 roles redundant among salaried and zero hours staff who were unable to return to their previous roles, and for whom the Railway was unable to find alternative employment.<ref name="blaug20"/>
In mitigation, it successfully applied to HSBC for a £1.5 million loan under the CBILS scheme, which alongside its existing overdraft facility would mean £2.5 million available. The SVR Charitable Trust won a [[:Category:Lottery funding|National Lottery Heritage Fund]] grant to support the reopening of the Railway.<ref name="blaug20">[https://www.svrlive.com/blaug20 Branch Lines, August 2020]</ref> Wyre Forest District Council awarded the Railway £50,000 under its discretionary business grant scheme. It received £555,484 in furlough payments during 2020 and > It was awarded £906,000 and £1,012,900 from the Culture Recovery Fund phase phases 1and 3 in 2020 and 2021 respectively.<ref name="report20"/><ref>[https://www.bbc.co.uk/news/uk-england-hereford-worcester-59690403 'Covid-19: Severn Valley Railway gets £1m recovery grant, BBC, 17 December 2021] (Retrieved 17 December 2021)</ref>
2020 [[SVR Passenger numbers|passenger numbers]] dropped significantly from 239,723 to 59.950. Sales income reduced by £5.25m and, even after donations and grants, it lost £460,559 in that financial year. Its debt was nearly £2,000,000.<ref name=report20>SVR(H) annual report and financial statements for the period ended 3 January 2021</ref>
