Government Assistance for Employers, Paycheck Protection Program, Tax Planning & Preparation

SBA’s Economic Injury Disaster Loans and Advance Program Reopened

The U.S. Small Business Administration announced on Monday, June 15, 2020 that it has reopened its Economic Injury Disaster Loans and Advance Program to all qualifying small businesses and non-profits negatively affected by the COVID-19 pandemic. 

SBA’s EIDL program offers long-term, low-interest assistance to help small businesses and non-profit organizations cover payroll and inventory, pay debt, or fund other expenses not already covered by a Paycheck Protection Program loan. According to the release, the SBA is offering low-interest federal disaster loans for working capital n all U.S. states, Washington D.C., and territories.

Read the complete release by clicking on the image below.

To apply for the EIDL Advance Program, click here. 

SBA reopens EIDL program

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