Paycheck Protection Program: The Paycheck Protection Program provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.
Economic Injury Disaster Loans & Loan Advance: Small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid. *At this time neither PPP can accept new applications. Applicants who have already submitted requests will be processed on first come, first-served basis (4/16/2020).