SBA’s PPP No Longer Accepting Applications

The SBA’s Paycheck Protection Program concluded on August 8. SBA is no longer accepting PPP applications from participating lenders. The SBA has also updated their FAQ page regarding the program. The SBA’s Emergency Injury Disaster Loan program reopened its application process on June 15 for qualified small businesses and agricultural businesses.

The EIDl Advance loan portion ($10,000 in grants) has concluded. The Economic Injury Disaster Loan disbursed about $130 billion in grants and loans and has another $200 billion available through mid-December. Currently, there is no application deadline.