From Small Business Administration <[email protected]>
Subject COVID EIDL Deadline Approaching, Disaster Assistance for Kentucky & More
Date December 18, 2021 12:21 AM
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eidl [ [link removed] ]

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*Important reminder!* The deadline to apply for the COVID Economic Injury Disaster Loan (EIDL) is December 31, 2021. See below for further details.


* *EIDL loan and Targeted Advance applications*?will be accepted until December 31 and will continue to be processed after this date until funds are exhausted.
* *Supplemental Targeted Advance applications*?will be accepted until December 31; however, the SBA may be unable to process some Supplemental Targeted Advance applications submitted near the December 31 deadline due to legal requirements. The SBA cannot continue to process Supplemental Targeted Advance applications after December 31.
* *Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date*, or until the funds are exhausted, whichever is soonest.
* *The SBA will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31*?if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals ? unless funding is no longer available.

Earlier this week, the SBA held a COVID EIDL Application Completion Office Hours webinar to help answer your questions. If you missed it, a recording of it is available *here* [ [link removed] ]. SBA will hold another webinar on?Wednesday, December 22, 2021 at 4:00 p.m. ET. To join, click *here* [ [link removed] ]. [ [link removed] ]

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SBA Disaster Loans Check disaster declarations Apply for a disaster loan Check your status [ [link removed] ]

Low-interest disaster loans from the SBA are available to businesses and residents in Kentucky following the announcement of a Presidential disaster declaration due to the severe storms, straight-line winds, flooding, and tornadoes on December 10, 2021.

*Learn more [ [link removed] ]*

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Photo of two people talking to each other [ [link removed] ]

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This week, Administrator Guzman visited Connecticut?to meet inspiring small business owners and theatres who were able to pivot, recover, and grow with help from SBA programs and resources. Follow the Administrator on *Instagram [ [link removed] ]*, *Facebook [ [link removed] ]*, and *Twitter [ [link removed] ]* to see photos and videos of all her visits to small businesses across America.

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Photo of SBA Administrator Isabella Casillas Guzman [ [link removed] ]
Support for Native American Entrepreneurs?

This week, SBA Administrator?Isabella Casillas Guzman announced?the awardees of $1.1 million in grants and contracts to promote the development, success, and long-term sustainability of Native American-owned businesses.?The following seven awardees represent a geographically diverse group of providers spanning various tribal nations, communities, and industries. They will focus on narrowing the gap in business development services provided by the SBA to Native American firms.?


* Council on Native Hawaiian Advancement
* National Center for American Indian Enterprise Development
* Our Native American Business Network
* Rural Enterprises of Oklahoma, Inc.
* Two Rivers Community Development Corporation
* RedWind
* Sister Sky, Inc.

*Learn more [ [link removed] ]*


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Illustration of a trophy with the following text, 2022 National Small Business Week Awards. Now accepting nominations. Visit sba.gov/nsbw [ [link removed] ]

The SBA is now accepting nominations for its 2022 National Small Business Week Awards, including the Small Business Person of the Year. Could you be our next winner? Submit your nomination today.?All nominations must be submitted no later than January 11, 2022 at 3:00 p.m. ET.

*Learn more [ [link removed] ]*

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Illustration of a main street with businesses, a Christmas tree and lights with the following text, shop small this holiday season. #25daysofsmallbiz [ [link removed] ]

Small businesses power America's economy. Today, there are over 32.5 million small businesses in the United States, and they need our help more than ever. Support small businesses in your community and shop small throughout the holiday season. Follow the SBA on Twitter, *@SBAgov [ [link removed] ] *for the latest updates and help spread the word to shop small with the hashtag, *#25daysofsmallbiz [ [link removed] ]*.

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SBA Learning Center. Free online business courses [ [link removed] ]

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The SBA's online learning programs are designed to empower and educate small business owners every step of the way. Take advantage of these free programs today.

*Learn more [ [link removed] ]*

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Illustration of a laptop with text that includes, PPP Forgiveness Portal [ [link removed] ]

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*Paycheck Protection Program borrowers:* If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using our*?online portal [ [link removed] ].* Follow the steps below.


* *Find out [ [link removed] ]*?if your lender is participating.?
* Watch a *video [ [link removed] ]?*about how to use the portal.
* *Apply [ [link removed] ] *for forgiveness.

For additional information, visit the* SBA website* [ [link removed] ].

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Text: Help businesses fully reopen. Get vaccinated. Find vaccines near you at vaccines.gov. Illustration: businesses on main street [ [link removed] ]

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Thanks to vaccines, small businesses across America have opened back up. Keep the momentum going by getting vaccinated.?*Find a vaccine provider near you [ [link removed] ]*.?

*Learn more [ [link removed] ]*

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U.S. Small Business Administration

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