[Update April 14: The SBA has notified Applicants that Despite prior promises of $10,000 per applicant, they are only advancing $1,000 per employee as of the January 31, 2020 Payroll.]
The first $10,000 of funds advanced under Economic Injury Disaster Loan program will be a grant, that does not need to be repaid. The grant process is designed to be processed very quickly.
At this time, we do not know of any reason why a qualifying business, individual or non-profit should not apply for this grant.
The application is the same for used for the Economic Injury Disaster Loan (EIDL) loan program. https://covid19relief.sba.gov/#/
EIDL – $10,000 Grants