COVID-19 EIDL Enhancements for Small Business
Huge news for small businesses communities still recovering from the pandemic: SBA Administrator Isabel Guzman revealed major enhancements to the COVID-19 EIDL Economic Injury Disaster Loan program.
COVID-19
Restaurant Revitalization Fund (RRF)
Restaurant Industry related businesses like yours are eligible for funding equal to your COVID-19 pandemic-related revenue losses, up to $10 million per business and $5 million per location.
Is your Restaurant Struggling Because of the COVID-19 Pandemic?
Over 100,000 restaurants have closed permanently across the U.S. as the industry struggles with the devastating impact of the COVID-19 pandemic.
$2 Billion of RRF funding already sent to Restaurants, Food, and Beverage Businesses
The Restaurant Revitalization Fund (RRF) provides up to $10 million per business to help restaurants, food, and beverage businesses remain open during the COVID-19 pandemic.
$2 Billion of RRF funding already sent to Restaurants, Food, and Beverage Businesses
Restaurants have remained in the Top Five most impacted industries by COVID-19. The Restaurant Revitalization Fund (RRF) provides funding to help restaurants, food, and beverage businesses keep their doors open.
Don’t miss out on these 3 Opportunities for Small Businesses
Senator Ben Cardin, Chairman of the SBA Committee, introduced a new bipartisan bill that will benefit farmers, ranchers, and self-employed individuals, allowing eligible borrowers to recalculate their PPP loans, potentially increasing the amount.
3 Useful Tools to Keep Growing your Small Business during the COVID-19 Pandemic
Over 198M COVID-19 vaccines given; states like Texas, Arizona and Arkansas fully re-opening, overcome the pandemic with these useful tools.
SBA COVID-19 Relief Program
An Overview of the SBA COVID-19 Relief Program. SBA plans to start a $28.6B “phased” launch in April for the Restaurant Revitalization Fund.
Biden Signed the COVID-19 Relief
Today March 11, 2021 President Joe Biden signed the $1.9 Trillion Stimulus Bill that will provide the Payment Protection Program (PPP) an additional $7.25 billion and the Economic Injury Disaster Loan (EIDL) an additional $15 billion to fund shortfalls for the $10k grant.
House Passed American Relief Plan – Next Up President’s Office
By a vote of 220-211, the House passed the American Relief Plan and cleared it for President Biden’s signature, one of the largest injections of federal aid since the Great Depression.