March 30, 2020

Update - Economic Injury Disaster Loan Applications

We know you are facing challenging times in this current health crisis. The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic. 

On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL). This  Advance  may be available even if your  EIDL  application was declined or is still pending, and  will be forgiven .

If you wish to apply for the Advance on your EIDL, please visit  www.SBA.gov/Disaster  as soon as possible to fill out a new, streamlined application. In order to qualify for the Advance, you need to submit this new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.

Also, we encourage you to subscribe to our email updates via  www.SBA.gov/Updates  and follow us on Twitter at  @SBAgov  for the latest news on available SBA resources and services. If you need additional assistance, you can find your local SBA office and resource partners at  www.SBA.gov/LocalAssistance . If you have questions, you may also call 1-800-659-2955.


1121 N. Lake Park Blvd.
Carolina Beach, NC 28428
910-458-8434
www.PleasureIslandNC.org
Greg@PleasureIslandNC.org