An Economic Injury Disaster Loan (EIDL) helps small businesses and nonprofits that are losing money during the coronavirus pandemic and that need funds for financial obligations and operating expenses. SBA is accepting applications for EIDLs until December 31, 2021. Apply online for a COVID-19 Economic Injury Disaster Loan. SBA Debt Relief21/12/2020 · Who Can Apply for a Coronavirus Small Business Loan? This program is designed to help small businesses (and small agricultural cooperatives) who have suffered substantial economic loss due to the pandemic. An important qualification is that these businesses must be unable to secure alternative funding. Businesses cannot apply independently—first, local county and state officials must work with …23/03/2020 · Who cannot apply. Businesses from any sector can apply, except: banks, insurers and reinsurers (but not insurance brokers) public-sector bodies; state-funded primary and secondary schools04/04/2020 · Small-business owners, independent contractors, sole proprietors and others who are eligible can start applying for loans through the Small Business Administration’s Paycheck Protection Program and the expanded Economic Injury Disaster Loan Program, which are part of the $2 trillion coronavirus stimulus package signed into law last ;· Experts say business owners should apply through a bank with whom they have a standing relationship, like one where they have a corporate account or have taken a loan Small business cash flow loan scheme (SBCS) supports organisations and small to medium businesses affected by COVID-19 and has been extended until 31 December 2023. If your business has 50 or fewer full-time equivalent staff, you may be eligible to receive a one-off loan.

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