A MESSAGE TO FROM SBA TO SMALL BUSINESS OWNERS
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.
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.
You can sign up
HERE
to get updates from SBA.
