Small Business Administration loans still available in 2021

Thu, 01/07/2021 - 12:00am

The U.S. Small Business Administration has announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 pandemic disaster declaration is extended to December 31, 2021.

The deadline extension comes as a result of the recent bipartisan COVID-19 relief bill passed by Congress and enacted by President Trump on December 27.

To date, the SBA has approved $197 billion in low-interest loans which provide working capital funds to small businesses, non-profits and agricultural businesses make it through this challenging time.

 

 

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