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[DOCX File]Question - Steve Gomez
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SBA EIDL LOANS. Refinancing an SBA EIDL loan made between January 31, 2020 and April 3, 2020. If you received an SBA EIDL loan from January 31, 2020 through April 3, 2020, you could apply for a PPP loan. If your EIDL loan was not used for payroll costs, it does not affect your eligibility for a PPP loan.
eidl frequently asked questions

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The Economic Injury Disaster Loan (EIDL) program is SBA’s existing disaster loan program, and it continues to be available to provide a low-interest, long-term working capital loan to businesses and nonprofits whose cash flow has been disrupted by the coronavirus pandemic. SBA has streamlined and is using greater latitude to approve EIDL loans.
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[DOCX File]COVID in South Dakota
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Under guidance issued by the US Treasury Department, the State of South Dakota is required to assume that PPP loans will be forgiven. The grant calculation will include the full amount of the PPP loan, less the business’ EIDL Advance Grant, if applicable, as a grant.
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[DOCX File]BCRC
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It will take into consideration other loans that you have secured in relationship to COVID-19. So all loan/financing options should be considered in concert. If the EIDL loan is used for payroll, then it must be refinanced by the PPP (if the EIDL payroll period is the same as the PPP payroll period). The application process has been streamlined.
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[DOCX File]Home — City of San Dimas
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Individuals receiving unemployment benefits, SBA loans, or other government benefits are still eligible. Provides $500 in assistance to licensed beauty professionals unable to work as a …
sba economic injury disaster loan portal

[DOCX File]On Havana Street
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ECONOMIC INJURY DISASTER LOANS & EMERGENCY ECONOMIC INJURY GRANTS. Are businesses and private non-profits in my state eligible for an EIDL related to COVID-19? Yes, those suffering substantial economic injury in all 50 states, DC, and the territories may apply for an EIDL. What is an EIDL and what is it used for?
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[DOCX File]Brattleboro Development
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Jan 11, 2021 · If your business received an EIDL Loan between January 31, 2020 and April 3, 2020 (before the Streamlined EIDL that capped at $150,000) there is the possibility of using the PPP refinance. If this time frame applies to you speak with …
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[DOCX File]Homepage | Pace Law School
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The EIDL program can provide up to $2 million in loans to small businesses or nonprofits that suffer substantial economic injury as a result of a declared disaster. This program also includes a unique feature known as the Economic Injury Disaster Loan Emergency Advance, which provides an emergency advance of up to $10,000 that businesses do not ...
economic injury disaster loan faq

[DOCX File]Financial Resources - Home - Pennsylvania Association of …
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Aug 27, 2020 · SBA - COVID-19 Supplementals: FY20-21 Economic Injury Disaster Loans (EIDL) & Emergency Advances RR-20086 SBA - Economic Injury Disaster Loans for small businesses or private non-profit organizations impacted by COVID-19.
eidl frequently asked questions

[DOCX File]PPP round 2 webinar QA (REF Comments) (04583288).DOCX
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Sole proprietorships are also eligible to receive EIDL loans, non-emergency SBA business loans, and other aid programs created by the CARES and Economic Aid Acts. Is the second PPP forgiveness reduced by a second draw on EIDL? No; however, you cannot receive a second EIDL grant unless you received less than the maximum $10,000 in your first ...
sba eidl loan faq

Eidl loans faq