WebThe SBA has set up a website for businesses to apply online. You can also call 1.800.659.2955 or email [email protected]. You will need your six-digit North American Industry Classification Code (NAICC) and your three-year average annual revenue. Emergency Economic Injury Grants (EEIG) What is an EEIG? WebThese grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL). To access the advance, you first apply for an EIDL and then request the advance.
Economic Injury Disaster Loans
WebIn either case, the emergency EIDL grant award of up to $10,000 would be subtracted from the amount forgiven in the payroll protection plan. The bill provides $562 million to ensure that SBA has the resources to provide Economic Injury Disaster Loans (EIDL) to businesses that need financial support. Debt Relief for Existing and New SBA Borrowers WebOct 8, 2024 · Beyond the emergency cash advance, the SBA’s Economic Injury Disaster Loans offer small businesses up to $2 million in assistance. These are low-interest loans to provide small businesses with working capital. Loans under $25,000 do not require collateral. Loans over $25,000 will require collateral. black and white zara dress
CARES Act: How to Apply for an Emergency Economic Injury Grant
http://robinkelly.house.gov/sites/evo-subsites/robinkelly-evo.house.gov/files/COVID-19%20RESOURCE%20GUIDE%20FOR%20LOCAL%20BUSINESS%20OWNERS%20492024.pdf WebJun 15, 2024 · On June 15, 2024, the SBA announced that it was again opening up its Economic Injury Disaster Loan (EIDL) grant and loan program. This means that independent contractors, freelancers, and gig... WebThe Emergency Economic Injury Grants will provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL). To access the advance, you first need to apply for black and white zahncreme