Small Business Administration Economic Injury Disaster Loan/Emergency Grant Program

Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the SBA’s EIDL program will accept fast-tracked applications in order to allow businesses access to capital within three days through an Emergency Grant. Funds may be used in order to maintain payroll, provide paid sick leave, and to service other debt.

Eligibility: Businesses; sole proprietorships; independent contractors; and private nonprofit organizations. Organizations must be in operation prior to 1/31/20.

Amount: $10,000 per organization for Emergency Grant funding. Larger loans of up to $2 million are available.

Deadline: Rolling Date.

 

Resource Information
Funder Small Business Administration
Eligibility For Profit Organization, Individual, Nonprofit Organization
Resource URL: https://covid19relief.sba.gov/#/
Sector Economic Development/Job Training
Grant Amount $10,000
Deadline Rolling Date