If you didn't apply last year, the EIDL may still be an option for you since the deadline was extended through 12/31/2021. This loan comes directly from the Small Business Administration and covers working capital and normal operating expenses like benefits, rent, utilities, and fixed debt payments.
This loan is not forgivable, but payments are deferrable for one year. Terms are fixed at 3.75% for businesses and 2.75% for nonprofits, across 30 years and without pre-payment penalty or fees.
Small business owners, including Native American Tribe owned businesses, and qualified agricultural businesses may apply.