15Jun
BREAKING: SBA's Economic Injury Disaster Loans & Advance Program Reopened
BREAKING: SBA's Economic Injury Disaster Loans & Advance Program Reopened
To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 on June 15, 2020.
“The SBA is strongly committed to working around the clock, providing dedicated emergency assistance to the small businesses and non-profits that are facing economic disruption due to the COVID-19 impact. With the reopening of the EIDL assistance and EIDL Advance application portal to all new applicants, additional small businesses and non-profits will be able to receive these long-term, low interest loans and emergency grants – reducing the economic impacts for their businesses, employees and communities they support,” said SBA Administrator Jovita Carranza. “Since EIDL assistance due to the pandemic first became available to small businesses located in every state and territory, SBA has worked to provide the greatest amount of emergency economic relief possible. To meet the unprecedented need, the SBA has made numerous improvements to the application and loan closing process, including deploying new technology and automated tools.”
Learn more
About the Author
Related
Avon Park approves infrastructure grant agreement, aviation/aerospace program landing at Sebring Air...
Read More >
Free and low cost up coming seminars and trainings, recently announced SBA Federal disaster response...
Read More >
SBA Working Capital Loans Available in Florida for Secretary of Agriculture Disaster Declaration Due...
Read More >
As of Tuesday, April 14, the bridge loan program approved 1,000 loans, expending the full $50 millio...
Read More >
96 p{ margin:10px 0; padding:0; } table{ border-collapse:collapse; } h1,h...
Read More >