SBA increases length, total amount of awards under EIDL program
Starting next week, the U.S. Small Business Administration is raising the loan limit for the COVID-19 “Economic Injury Disaster Loans” (EIDL) program from six months of economic injury with a maximum loan amount of $150,000 to up to 24 months of economic injury with a maximum loan amount of $500,000. Click here for more information.
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