Small businesses can apply for an advance of up to $10,000 related to the Economic Injury Disaster Loan. This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue related to COVID-19. The following apply to this program.
- Small business with less than 500 employees (including sole proprietorship, independent contractors and self employed persons) and private non-profit organizations affected by COVID-19
- Funds will be made available within days of successful application
- The loan advance will not have to be repaid.
To apply for this loan visit www.sba.gov/disaster.