New Updates As Of April 30 For EIDL

With the additional funds appropriated by Congress, tens of millions of additional workers across the nation will benefit from this critical relief.

•SBA encourages all approved lenders to process loan applications previously submitted by eligible borrowers and disburse funds expeditiously.

• All eligible borrowers who need these funds should work with an approved lender to apply. Borrowers should carefully review PPP regulations and guidance and the certifications required to obtain a loan. Information is found online at www.sba.gov/paycheckprotection.

SBA is fully committed to ensuring that America’s workers and small businesses • continue to get the resources they need to get through this challenging time. EIDL

• With the additional funding provided by the new COVID-19 relief package, SBA will resume processing EIDL Loan and Advance applications that are already in the queue on a first come, firstserved basis.