SBA Emergency Economic Injury Disaster Loan (EIDL) Grants
SBA Emergency Economic Injury Disaster Loan (EIDL) Grants
The Coronavirus Aid Relief and Economic Security (CARES) Act includes $10 billion to provide an advance of $10,000 to small businesses and nonprofits that apply for a SBA economic injury disaster loan (EIDL).
Eligible Entities ? Eligible applicants for an EIDL. More information can be found at
Grant Terms ? Emergency Grants of not more than $10,000 will be distributed by the SBA within three days of applying. ? Grantees are not required to repay the grant, even if subsequently denied for an EIDL loan. ? Grant amount will be considered when determining loan forgiveness, if the applicant receives a loan under SBA's Paycheck Protection Program.
Allowable Uses ? Providing paid sick leave to employees. ? Maintaining payroll. ? Meeting increased costs to obtain materials. ? Making rent or mortgage payments. ? Repaying obligations that cannot be met due to revenue losses.
Additional information on how to apply for an Emergency Grant will be available at as soon as it is available.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- covid 19 assistance for churches and non profits
- tir 2020 06 revised
- economic injury disaster loan eidl program
- covid 19 grants loans and resources for small businesses
- new economic injury disaster loan eidl grant
- covid eidl faqs as of september 3 2021
- sba s emergency eidl grants to sole proprietors and
- micro grants micro loans for new york small businesses
- connecticut cares small business grant
- covid 19 loan and grant programs aaos
Related searches
- fema sba disaster loan assistance
- sba disaster loan payment online
- sba disaster loan balance
- sba disaster loan application online
- sba disaster loan requirements
- disaster loan sba status
- sba disaster loan forgiveness program
- sba disaster loan assistance
- sba disaster loan application
- sba disaster loan application status
- sba disaster loan application form
- sba disaster loan closing documentation