SBA Disaster Loan Portal Accepting Applications Again
On Monday, June 15, the SBA reopened the EIDL and EIDL Advance program portal to all eligible applicants (previously open only to agricultural businesses). SBA resumed processing EIDL applications that were submitted before the portal stopped accepting new applications on April 15 and will be processing those applications on a first-come, first-served basis. If you missed the window to apply prior to April 15th, you may now submit your application through the portal. The “up to $10k” advance is still available; loans are capped at $150,000.