SBA Provides Emergency Grant Program to Small Businesses Challenged by Covid-19

The SBA provides low-interest disaster loans and grants to help businesses recover from declared disasters.

On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL).

This Advance may be available even if your EIDL application was declined or is still pending, and will be forgiven. If you wish to apply for the Advance on your EIDL, please visit www.SBA.gov/Disaster as soon as possible to fill out a new, streamlined application. In order to qualify for the Advance, submit this new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.