Paycheck Protection Program

Call Us Now To Schedule An Appointment!
secure plus financial

PPP vs SVOG vs EIDL: Do I Qualify for all of them?

Considering applying for different funds? Here’s an analysis of the requirements to meet when considering the different loans:

If you Received PPP

  • PPP First Draw Loan borrowers may be eligible for PPP Second Draw Loan
  • Applying for SVOG: May apply if received PPP Loan prior to applying for SVOG
  • Applying for EIDL: May apply for EIDL, but funds cannot be used for the same purpose as PPP Loan
If you Received SVOG
  • Supplemental SVOG award is available
  • Applying for PPP: May not apply for PPP Loan after receiving SVOG
  • Applying for EIDL: May apply for EIDL, but funds cannot be used for the same purpose as SVOG
If you Received EIDL
  • No supplemental funds available
  • Applying for PPP: May apply for PPP Loan, but funds cannot be used for the same purpose as EIDL
  • Applying for SVOG: May apply for SVOG, but funds cannot be used for the same purpose as EIDL

If you want to walk through this together, schedule here:


Considering applying for different funds? PPP, SVOG, or EIDL?

We’ve been helping clients with disaster relief, survival budgeting, and cash management plans since March!


secure plus financial

Related Updates