Great news! SBA reopens disaster-loan program to nonagricultural businesses. If you did not apply for SBA loan earlier this year, you can do it now! Businesses can apply for the EIDL programs through the end of the year.
Small business owners are eligible to apply for a loan advance of up to $10,000. “This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid.” You may apply for an Economic Injury Disaster Loan at https://www.sba.gov/ (please click on the yellow banner at the top).
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