SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19

Photo credit: Iryna The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million … Read More

SBA’s Economic Injury Disaster Loans and Advance Program Reopens after release of New Guidance Regarding Paycheck Protection Program

On June 15, 2020, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible U.S. small businesses and non-profits, experiencing economic impacts due to COVID-19. SBA’s EIDL program offers long-term, … Read More

Coronavirus : Small Business Administration will resume accepting PPP loan applications on April 27

President Trump signed on April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act which includes:   $320 billion for the Paycheck Protection Program with $30 billion dollars going to small financial institutions $50 billion dollars for the … Read More