IMPORTANT UPDATE
Monday, January 11 and Tuesday, January 12 the PPP (Paycheck Protection Program) loan portal re-opens with priority for underserved small businesses. At this time, the SBA will only be accepting applications from community financial institutions.
Signed into law in late 2020 the new Economic Aid act extended the EIDL (Economic Injury Disaster Loan) deadline to December 31, 2021 and set aside additional budget for PPP loans to help alleviate the financial burden on small businesses as the result of the coronavirus pandemic.