COVID-19 Update
APRIL 16, 2020
Distribution: All SCORE Active and Provisional Volunteers
Closure of EIDL Application Portal

Due to limited appropriations funding, the application portal for the EIDL–COVID-19 assistance program (EIDL loans and EIDL Advances) is temporarily closed. By law, the SBA is not able to issue new loan approvals once the programs experience a lapse in appropriations.

Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. SBA is processing EIDL applications as quickly as possible. SBA will provide those whose applications are approved with loans that will cover the business’s short-term working capital needs.

SBA and Treasury urge Congress to appropriate additional funds for the Paycheck Protection Program—a critical and overwhelmingly bipartisan program—at which point we will once again be able to process loan applications, issue loan numbers, and protect millions more paychecks. The high demand we have seen underscores the need for hardworking Americans to have access to relief as soon as possible. We want every eligible small business to participate and get the resources they need.

Information on lenders can always be found at  www.sba.gov/paycheckprotection  or  www.treasury.gov/cares

Lender Assistance Hotline: (833) 572-0502
What can my clients do now?

You can still direct SCORE clients to SCORE's Coronavirus Small Business Resource Hub: www.score.org/coronavirus

We will continue to share SCORE partner and friend programs that are available for small business support, including:
Resources for Clients

SCORE is collecting resources to answer client's critical questions during the COVID-19 pandemic—and afterward. Updates are being made regularly.
Volunteer Toolkit

These resources provide the latest communications and notifications around SCORE’s policy and guidance during this trying time.
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