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Last chance! The deadline to apply for a COVID Economic Injury Disaster Loan (EIDL) is tomorrow, December 31. More details:?
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EIDL loan and Targeted Advance applications?will be accepted until?December 31. SBA will continue processing applications after the deadline, including reconsiderations. We are unable to accept new applications after the deadline.
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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.
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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.
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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.
For help with COVID EIDL applications, call 833-853-5638 (855-440-4960 for the deaf and hard-of-hearing) or email [email protected].?For help with Targeted EIDL Advance applications, email [email protected]. Learn more at sba.gov/eidl.
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 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.
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Did you know that the U.S. government is the largest customer in the world? It buys all types of products and services ? in both large and small quantities ? and it?s required by law to consider buying from small businesses. If you're thinking about growing your business through contracting in 2022, explore SBA assistance programs that can help you compete for and win government contracts.?
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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. Follow the steps below.
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Find out?if your lender is participating.?
- Watch a video?about how to use the portal.
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Apply for forgiveness.
For additional information, visit the SBA website.
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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.?
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