[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…
EIDL – Economic Injury Disaster Loan
Eligible Small Businesses may borrow up to $2 million, with a fixed interest rate not to exceed 3.750 percent (2.750% for nonprofits) with loan terms of up to thirty (30) years under the Economic Income Disaster Loan (EIDL) Program. We…