Thank you to Michael Ricks, District Director of the Small Business Administration (SBA), for leading an informative webinar on SBA COVID-19 Loans & Resources. Special thanks to Henry Kothmann of the Greater Mid-City Business Association for moderating.
Materials & Resources:
SBA COVID-19 Economic Injury Disaster Loans
- Where to Apply: COVID-19 EIDL Online Application Form - Use this link to apply for SBA's forgivable loan advance of up to $10,000 and additional loan resources. Applications must be submitted online at this website to be eligible for the $10,000 loan advance.
- Correction: Checking Status of COVID-19 EIDL Application - Out of date information was shared during the April 1st webinar; there is not currently an SBA website for applicants to check the status of their loan application online.
Paycheck Protection Program
- About the Program: SBA Guidance on the Paycheck Protection Program
- Where to Apply: Apply directly through your bank.
We have compiled questions submitted via email and Zoom Q&A, and shared them with the SBA team for review. The SBA team is working to respond to questions not addressed during the webinar. As available, we will post these responses publicly here. Please stay tuned.
New policy guidelines are rapidly evolving. Michael Ricks has generously offered to return for a future webinar as policy guidelines become available. Please stay tuned and let us know if there is particular information that would be useful as a topic for a future webinar at [email protected]