SBA Raises EIDL Limit to $2 Million Dollars

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Small Business Administration

On Thursday, September 9, the U.S. Small Business Administration (SBA) announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities still reeling from the pandemic. The SBA is officially raising the cap on its Economic Injury Disaster Loan program to $2 million.

 

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