SBA Accepting New EIDL Applications

 |  COVID-19, Emergency Grant, SBA Lending

The Small Business Administration (SBA) is now accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from qualified small businesses and agricultural businesses.
SBA’s EIDL program offers long-term, low interest assistance for small businesses and nonprofits.  These loans provide vital economic support and alleviate temporary loss of revenue.  EIDL assistance can be used to cover payroll and inventory, pay debt, or fund other expenses.  Additionally, the EIDL Advance provides up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties. These emergency grants do not have to be repaid.
Visit here to apply.

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