SBA’s EIDL Update
Among other funding other programs, last week’s passage of the Paycheck Protection Program and Health Care Enhancement Act secured additional funding provided for the SBA’s Economic Injury Disaster Loan (EIDL) Program.
The SBA will now continue to process previously submitted EIDL applications on a first-come, first-served basis. There is no need to reapply. The SBA is not accepting new EIDL applications at this time.